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Third world debt means the debt of the US Parliament. No, no it refers to the money which the richer nations of the world have loaned to the nations of the Third World. The First World, if you like, is the old established European nations which became the colonisers of the world. The new World is the Americas, north & south. The Third World are the countries of Asia & Africa which, so far, have not been pre-eminent in economic power. For example, China & India are rapidly no longer going to be in the Third World because of massive economic growth. Japan has a powerful economy, as has Singapore. Zimbabwe on the other hand is now amongst the poorest of nations. it is a very debatable point whether those of us that live in wealthy nations should loan these countries money at all. Personally I believe we should simply give them all the aid we can. It is pointless asking someone who has little wealth to repay a loan they cannot afford to take in the first place. Which is exactly what 'Freddie Mac & Fanny May' have done with the US economy which is why we are now all in the doo doo. But that is a different Q altogether.
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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 .
Why is third world debt good?
its not good
What does the US debt clock actually mean?
The US debt clock idea is a graphic way of describing the national debt as part of a clock. As the debt gets larger then the hands on the clock move. The same sort of idea is used for the world risk from nuclear destruction.
What activities could be under taken to help alleviate third world debt?
give them food,toys and thing the need to help love and encorage is needed to!
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.
How do you get rid of third world debt?
how can we get rid of third world debt
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 .
When did Third World Debt start?
Third world debt started just at the very end of the 1970's
Is Uzbekistan in third world debt?
No
What douse Third World debt mean?
Third World Dept means people from other countries that don't have any food or money and have to make sleeping arrangements on the floor.
Why is third world debt good?
its not good
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
Which countries have third world debt?
russia is the most third world because of the amount of land it has.
Who cares about third world debt?
some but not many... mostly the 3rd world
What countries are in third world debt?
Africa India cuba
What problems to people in third world debt face?
Poverty
