A lot of people would lose there job and they would eventually starve and die. Keep in mind they most likely have a family they have to support.
economic status of the countries who belong in first world country
Many third world countries or developing countries have a traditional economy.
The effect of taxation on unemployment in Ghana
It is important to understand the social development in third world countries because much of the political unrest in third world countries is the product of social and economic disparties.
It affects countries that have to pay other countries because they r so poor
Kamal Mathur has written: 'Economic development in the Third World countries' -- subject(s): Economic conditions, Economic policy, Income
"Third wave countries" typically refers to developing countries that are undergoing a process of modernization and industrialization. This term is often used in the context of economic development and political change following the decolonization period in the mid-20th century.
Third world countries are typically low to middle-income countries that face challenges such as poverty, inadequate infrastructure, and limited access to healthcare and education. While not all third world countries are considered poor, many do struggle with economic and social issues that contribute to poverty within their borders.
all third world countries are example of economic imperialism and globalization there aren't any better industries in these countries,all they can do is to be a slave for the developed world by offering cheap labour.
Third World countries.
I've been doing this in society and environment at the momentsome are;Ethiopia.Uganda.Most traditonal economic system countries are living in third world conditions
the effect of black market currency in Nigerian economy