Development Problems

Third World described those countries that did not align with either the First World or Second World countries after World War II and generally described less-developed countries. The Third World included the developing nations of Africa, Asia, and Latin America

Global North and Global South

The terms "Global North" and "Global South" divide the world in half both geographically with the Global North meaning all countries north of the equator in the Northern Hemisphere and the Global South being all of the countries south of the equator in the Southern Hemisphere. This classification groups the Global North into the rich northern countries, and the Global South into the poor southern countries. This differentiation is based on the fact that most of developed countries are in the north and most of the developing or underdeveloped countries are in the south. The issue with this classification is that not all countries in the Global North can be called "developed" while some of the countries in the Global South can be called developed.

The north–south divide is a socio-economic and political division that exists between the wealthy developed countries, known collectively as "the North" or "Global North," and the poorer developing countries (least developed countries), known as "the South" or "Global South."[1] Although most nations comprising the "North" are in fact located in the Northern Hemisphere (with the notable exceptions of Australia and New Zealand), the divide is not wholly defined by geography. The North is home to four of the five permanent members of the United Nations Security Council and all members of the G8. "The North" mostly covers the West and the First World, with much of the Second World. The expression "north–south divide" is still in common use, but the terms "North" and "South" are already somewhat outdated. As nations become economically developed, they may become part of the "North", regardless of geographical location, while any other...