History, asked by lnandini868, 6 months ago

Characterstics of third
of hird world
Country
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Answers

Answered by ritasunita9821
0

Answer:

For the purpose of this survey the Third World will be defined as a group of countries which have colonial histories and which are in the process of developing economically and socially from a status characterised by low incomes, dependence on agriculture, weakness in trading relations, social deprivation for large

Answered by AatifJunnadKhan2009
3

Answer:

Below are four of the indicators that are used to classify third world countries:

1 Low Gross National Income (GNI) Third world countries experience low economic development, and high rates of poverty. ...

2 Economic Dependence on Other Countries. ...

3 Low Human Development Index (HDI) ...

4 Lack of Political Rights and Civil Liberties.

Third World" is an outdated and offensive phrase that has been used historically to describe a class of economically developing nations. It is part of a four-part segmentation that was used to describe the world's economies by economic status.

Country           Original Political                Modern Economic

Saudi Arabia     Third World                   First World

Cuba            Second World                   Third World

North Korea    Second World                      Third World

Venezuela     Third World                   First World

In summary, Iran is considered a “third world” country due to its freedom limitations. This is a slightly different concept than being a developing country which is measured by several indexes including HDI.

The simple answer is that we didn't want the industrial competition or cheap labor that was and is abundant in the third world. What we wanted was compliant non-communist countries that wouldn't nationalize their natural resources and would vote as desired by the U.S. when it came to the United Nations.

However, there is a set of common characteristics of underdeveloped economies such as low per capita income, low levels of living, high rate of population growth, illiteracy, technical backwardness, capital deficiency, dependence on backward agriculture, high level of unemployment, unfavourable institutions and so on.

Because many countries in the Third World were impoverished, the term came to be used to refer to the poor world. "This 1-2-3 classification is now out-of-date, insulting and confusing."

The term 3rd world originated from countries not involved in the cold-war, such as Egypt, most African and south-east Asian countries. According to that definition, Egypt is a 3rd world country.

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