The term "Third World" is actually a term that described a countries allegiance during the cold war. First World Countries were aligned with the US, Second World Countries were aligned with the Soviet Union, and Third World Countries were neutral.
Because many poorer or undeveloped countries were in the Third World, that term became associated with poor, undeveloped countries. But not all Third World Countries fit this mold. Brazil, for example is a Third World Country. India's neutrality in the cold was is what makes them a Third World Country.
Because the Cold War is over, and the Soviet Union has disbanded, the term is now irrelevant.
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The term "Third World" is actually a term that described a countries allegiance during the cold war. First World Countries were aligned with the US, Second World Countries were aligned with the Soviet Union, and Third World Countries were neutral.
Because many poorer or undeveloped countries were in the Third World, that term became associated with poor, undeveloped countries. But not all Third World Countries fit this mold. Brazil, for example is a Third World Country. India's neutrality in the cold was is what makes them a Third World Country.
Because the Cold War is over, and the Soviet Union has disbanded, the term is now irrelevant.