WORLD HISTORY

Detailed explanation-1: -The general definition of the Third World can be traced back to the history that nations positioned as neutral and independent during the Cold War were considered as Third World Countries, and normally these countries are defined by high poverty rates, lack of resources, and unstable financial standing.

Detailed explanation-2: -The founding fathers of the Non-aligned movement were: Sukarno of Indonesia, Jawaharlal Nehru of India, and Josip Broz Tito of Yugoslavia, Gamal Abdul Nasser of Egypt and Kwame Nkrumah of Ghana. Their actions were known as ‘The Initiative of Five’.

Detailed explanation-3: -The term Third World was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West (NATO) nor with the East, the Communist bloc. Today the term is often used to describe the developing countries of Africa, Asia, Latin America, and Australia/Oceania.