Economic Structures in the Third World

Economic Structures in the third world:
1)-A common way of defining a Third World country is by using economic criteria. Describe what the economic structures most commonly look like for a majority of Third World countries concerning production, infrastructure and foreign trade and what reasons may be for this situation.
"Third World" was first used as a political term to describe countries that were not part of the second world, communist countries of the east or the first world, capitalist countries of Western Europe and North America. …