Malaysia,Brazil,and South Korea are each

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Malaysia, Brazil, and South Korea are classified as newly industrializing countries (NICs) because they have experienced significant economic growth and industrialization in recent decades, but they are not yet fully developed like industrialized countries such as the United States and Japan. NICs typically have a growing middle class, increasing levels of urbanization, and a shift towards a more diverse economy with advanced manufacturing, services, and technology sectors.

Malaysia,Brazil,and South Korea Are Each