ps1479 - 1.Who/WhatistheThirdWorld?...

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1. Who/What is the  Third World? First Second and Third World o A.) First World: Liberal democracy Capatalist o B.) Second World Communist/Socialist o C.) Third World Everyone Else Other commonly employed names for the  Third World o 1. Underdeveloped o 2. Less Developed o 3. Developing countries o 4. Poor Countries o 5. NICs (last 20 years) o 6. Emerging Economies o 7. Middle Income/Low Income o 8. Traditional Economies  o 9. Backwards o 10. South newly industrialized counties Using this terminology it brings up a dichotomy between  underdeveloped and developed nations Gross generalization A.  Poverty
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o i. A condition in which you lack sufficient resources to provide or  secure the essentials of a dignified life or minimal standard of living. Note: in this large category of poverty there is a difference 
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ps1479 - 1.Who/WhatistheThirdWorld?...

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