Levels of Development - How countries are categorized in terms of their level of income of economic development, Uneven development - Comparing development level verbally, acknowledge the patterns, and differences. , First world - Industrialized and service-based economies that have free markets, a high level of productivity value per person and thus, high quality of life, First world countries - United States and Canada, there are the European Union countries Norway, Switzerland, and Iceland as well as Israel, Australia, New Zealand, Japan, South Korea, Singapore, Taiwan, and Middle-Eastern oil states Saudi Arabia, Kuwait, United Arab Emirates, Oman, and Bahrain., Borderline First World economies - Argentina, Chile, South Africa, and some island nations like Trinidad and the Seychelles, Second world - Describes the communist countries of which only two “hard line” Communist nations remain today: Cuba and North Korea., Third World - Countries with mainly agricultural and resource-based economies that have low levels of per-person productivity and a low quality of life., underdeveloped states - found across Latin America, the Caribbean, African and Asian countries, poorest Third World states - Haiti, Niger, Malawi, Tanzania, Madagascar, Nepal, and the former USSR countries Kyrgyzstan and Tajikistan, Fourth World - Third World states that have experienced some sort of economic crisis that has immobilized the national economy., Fifth World - Third World states that both lack a functioning economy (like Fourth World states) and have no formal national government.,
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AP HUG Unit 7 Uneven Development
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