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the contries with 3rd world dept are the ones who are poor
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∙ 12y ago
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Who does third world debt effect?
It affects countries that have to pay other countries because they r so poor
What is the meaning of Third World dept?
the northern sidde of the world lends monney to the southen and they cant re-pay the debt so it is called the third world debt
How many countries need help with money?
Many countries to, those are called 'third world countries'. There are a lot of them.
Countries that receive Third World aid?
Some third world countries that receive aid are Madagascar in Africa and Guinea in Asia. Afghanistan, Yemen, and the Congo all receive some type of aid.
What are the advantages and disadvantages of IMF and world bank?
then advantages is that they simply exploit the third world countries
What does third world debt?
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
What is third world debt?
third world countries which are in debt to countries which have more money and material. Third world is when devolving countries are in debt. countries like Africa which have no money or materials .
Which countries have third world debt?
russia is the most third world because of the amount of land it has.
What countries are in third world debt?
Africa India cuba
Why should third world debt be cancelled?
In most third world countries the debt they have surmounted is due to their governments trying to lay down the necessary infrastructure to elevate their countries status to that of second and first world countries. However this action is premature on their part, they lack the requisite industries to back such expansion, causing the debt to crush their small economy's, holding them in third world status. Cancelling this debt would give these countries an opportunity to retake control of their economy and then grow.
Who does third world debt effect?
It affects countries that have to pay other countries because they r so poor
How do you get rid of third world debt?
how can we get rid of third world debt
The pros and cons of third world debt relief?
A pro of third world debt relief is that it gives countries the chance to develop. A con is that the money could have been used in your own country.
What countries are affected by third world debt?
Although many countries in various regions are affected by third world debt, some of the most heavily impacted nations include countries in sub-Saharan Africa, Latin America, and parts of Asia. These countries often struggle to meet debt repayment obligations, which can hinder their economic development and perpetuate cycles of poverty.
Ways of alleviating third world debt?
No one denies that debt service throughout the Third World cripples the economic chances of the countries involved. Africa, specifically, is where more of the Fourth World exists, those countries so poor that the older "Third World" status no longer applies. The only difference between Africa and the rest of the Third World is that the national economies of Africa are poorer, so the ratio between production and debt is far more detrimental to those countries.
Why did third world debt happen?
Oil Exporting companies received more money, which they kept for extra. They then put this extra money in Western banks, which gave the money to third world countries to build up the country. However, due to factors like recession, the countries debt started to increase, and after 10 years of third world debt starting, the debt rose up to $1,000,000,000,000 (1 trillion dollars).
What is the difference between animal testing and third world debt?
the differance is that animal testing is about testing animals on medicines and products. but the Third World Debt is about the loans that a country gets from other countires. For example some countries which are in the third world debt are Bolivia, Somalia, Aghanistan, Cameroon, Ghana, Zambia and many,many more.
