Third World in the United States

Third World in the International Business Landscape

Definition of Third World in the context of U.S. international business and public trade policy: A loose term for all else developed countries.

Concept of Third World

In the U.S., in the context of Foreign Affairs and National Defense, Third World has the following meaning: A term widely used in the past to refer to those nations not aligned with the U.S. or the Soviet Union during the Cold War era. The term also, independent from the U.S./Soviet engagement during the Cold War, is used to refer to poor nations, and is sometimes used with the terms “developing” or “underdeveloped” nations. (Source of this definition of Third World : University of Texas)

Third World

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See Also

• Foreign Affairs
• National Defense