3 ms·
Thrid world didn't always have an economic side to it. Third world was coined as a delineation of cold war participation status - it had nothing to do with econ
by qqtt 4y ago
Thrid world didn't always have an economic side to it. Third world was coined as a delineation of cold war participation status - it had nothing to do with economics. Switzerland, Austria, Ireland, and Finland were all included in the original definition of third world, but now no longer fit the modern definition of developing nation.
- kergonath 4y agoThere always was the notion that first-world countries tended to be economically liberal with market economies, whilst second-world ones had controlled economies. High living standards were associated with the first group, for good and bad reasons (and propaganda). And then there are always outliers. Though your example all have moved firmly to the first world since the 1950s.