New Economic Order and Third World
Keywords:
Poor Countries, Rich Countries, NAM, Developing countries, Developed Countries, NATOAbstract
The Third World Countries were divided at the time of the Cold War, the countries that represented the "First World" was the Soviet Union, China, the United States, Canada, Japan, South Korea, Western European nations and their allies (NATO) and the countries Cuba, Vietnam and their allies represented the "Second World" and the countries that were not included in the above two groups known as third world countries, These are mostly economically poor countries and also called NAM (Non Alignment Movement) countries. Mostly poor countries have been slaves of developed countries at one time, during that time those countries exploited the natural wealth and mineral institution of the slave countries, due to which those countries became very poor. Together these poor countries formed an organization which strongly raised the demand of the developed and rich countries to create a new world economic order.
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