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Third World

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Third World

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category of countries on socio economic base

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"Third World" is a term used to categorize countries based on their socioeconomic development, typically referring to nations with lower levels of industrialization and economic development compared to wealthy developed nations. It matters because it's a framework people use to understand global economic inequality and to discuss which countries face different challenges in areas like poverty, infrastructure, and access to resources.

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Third World
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Political alignments in Europe during the Cold War after 1961

The term Third World arose during the Cold War to define countries that remained non-aligned with either NATO or the Warsaw Pact. The United States, Canada, Japan, South Korea, Turkey, the Southern Cone, Western European countries and other allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam, Romania and the rest of the Warsaw Pact and their allies represented the "Second World". This terminology provided a way of broadly categorizing the nations of the Earth into three groups based on political divisions. Due to the complex history of evolving meanings and contexts, there is no clear or agreed-upon definition of the Third World. Strictly speaking, "Third World" was a political, rather than economic, grouping.

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