Development

Classifying how Developed a Country is

• First,Second and Third world countries - Started in 1960's 1st world was developed capitalist countries eg USA, 2nd world countries were communist countries eg Soviet Union and 3rd world countries were any other country
• MEDC's and LEDC's were terms that were started in the 1980's. The Brandt line was created in the 1980s as well showing a North/South divide. This is not such a appropriate model to use anymore due too many countries economically development since the 80s.
• Even more classification include: RICs-Rich industrial countries(most developed countries in the world eg UK,Norway) NICs- Newly industrialising countries(rapid growth of their economy and movement of industry sector eg China, India the MINTS). MDCs,LDCs most'least developed countries (poorest least developed countries in the world eg Chad)