Professional Documents
Culture Documents
Course Teacher
Taposh Ranjan Sarker
B.Sc.(BUTex), M.Sc.- Running (BUTex)
MBA (BUP)
Lecturer(DTE),
Northern University Bangladesh
Third World
The term Third World arose during the Cold War to define
countries that remained non-aligned with either capitalism and
NATO (which along with its allies represented the First World),
or communism and the Soviet Union (which along with its allies
represented the Second World). This definition provided a way
of broadly categorizing the nations of the earth into three
groups based on social, political, and economic divisions. Due to
many of the 3rd and 2nd world countries being extremely poor,
it became a stereotype such that people commonly refer to
undeveloped countries as "third world countries". Third world
countries included most of Africa, Latin America, and Asia.
Least developed country
• low-income (three-year average GNI per capita of less
than US $905, which must exceed $1,086 to leave the list)
• human resource weakness (based on indicators of
nutrition, health, education and adult literacy) and
• economic vulnerability (based on instability of agricultural
production, instability of exports of goods and services,
economic importance of non-traditional activities,
merchandise export concentration, handicap of economic
smallness, and the percentage of population displaced by
natural disasters)
World bank classification
• Low income countries had GNI per capita of US$1005 or
less.