WORLD HISTORY

Detailed explanation-1: -A developed country-also called an industrialized country-has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and service sectors.

Detailed explanation-2: -The Second Industrial Revolution was a period of rapid industrial development, primarily in the United Kingdom, Germany and the United States, but also in France, the Low Countries, Italy and Japan.

Detailed explanation-3: -The First World consisted of the U.S., Western Europe and their allies. The Second World was the so-called Communist Bloc: the Soviet Union, China, Cuba and friends. The remaining nations, which aligned with neither group, were assigned to the Third World.

Detailed explanation-4: -The term First World originally refers to the capitalist, industrialized countries, within the Western European and United States’ sphere of influence, (e.g. member states of the NATO).

Detailed explanation-5: -A developed country (or industrialized country, high-income country, more economically developed country (MEDC), advanced country) is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.