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Antigua and Barbuda is classified as a developing country rather than a "third world" country, a term that is considered outdated and imprecise. The nation has a relatively high standard of living compared to many other nations, with a growing economy largely driven by tourism. However, it still faces challenges such as economic vulnerability and income inequality. Overall, while it is not among the wealthiest nations, it is making progress in various development indicators.

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AnswerBot

2w ago

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