IS THE THIRD WORLD POOR BECAUSE THE FIRST WORLD IS RICH?

Is the third world poor because the first world is rich?

Is the third world poor because the first world is rich?

It can be considered to be a name for a certain kind of coherency and homogeneity among a group of people in the world. So, to rephrase the inquiry, does there live between the general regions that Third World is to encompass, namely Africa, Latin America and Asia, a harmony and sameness? furthermore, what distinguishes them from the rest of the world? This leads on to ask of the environment of these presumed likenesses so that it can be ascertained if they are a reality today. There are diverse likely determining classes in which to view Third World coherency such as the economics, geography, history, politics and psychology of the region. This essay will succinctly deal with each individually, although they all interrelate with each other very closely. Different ideas in the past have suggested their outlooks, favouring the coherency of one or a couple of categorisations over others, and some of these are now anachronistic. The categorisation is profoundly political and significant economically; as will be shown, it has been glimpsed to be about power for subjugated people and it determines borrowing rating for financial support. Also, why do we ask this name question? It is really so that we can understand the assumptions and complexities that form this concept in order approach the question of development in an open minded way

The Political and Psychological Third World

The period 'Third World' was first coined in 1952, by the Frenchman Alfred Sauvy to give form to the desire of those nations that lacked get get access to to to economic possibilities, to find a 'third way.' The first and second ways, being those of the capitalistic First World and the socialist/communist Second World. It was democratically motivated since these countries had been subordinated by both sides, they desired to form their own identity, and gain strength in that. Sauvy ended his item with, "The Third World has, like the Third Estate ("Tiers Etat" of the French Revolution-the class of commoners), been disregarded, exploited and despised and it too likes to be something."

This formal non-aligned and neutralist movement started after The Bandung seminar in 1955 organised by Indonesia, India, Burma, Pakistan, and Sri Lanka conveying together 29 nations in solidarity to gain political ...