Is there is any division like rich countries and poor countries
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Explanation:
There is no official classification as rich or poor countries. You have the developed world with rich industrialised countries called the First World. And you have the developing countries with low average income called the Third World
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3
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(1) The developed countries in the west are rich countries.
(2) The developing countries in Asia and Africa are poor countries.
(3) The western countries like England became rich by exploiting their colonies in Asia and Africa.
(4) The poor countries demand New International Economic Order to reduce this disparity
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