History And Evolution Of Third World Countries

Abstract

In 1952, a French demographer named Alfred Sauvy coined the term, “Third World” following the onslaught of the Cold War. Strictly speaking, “Third World”, which evolved from the three-world model developed during the Cold War, was a political, rather than an economic method of grouping countries. It was nothing but a political ideology of the time used for the classification of countries. Today, however, such a method of ...

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