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Three-World Model
The terms ''First World'', ''Second World'', and ''Third World'' were originally used to divide the world's nations into three categories. The complete overthrow of the post–World War II status quo, known as the Cold War, left two (originally three) superpowers (the United States and the Soviet Union) vying for ultimate global supremacy. They created two camps, known as blocs. These blocs formed the basis of the concepts of the First and Second Worlds. Today, the terms first and third worlds are generally used to refer to developed and developing countries. History Cold War Early in the Cold War era, NATO and the Warsaw Pact were created by the United States and the Soviet Union, respectively. They were also referred to as the Western Bloc and the Eastern Bloc. The circumstances of these two blocs were so different that they were essentially two worlds, however, they were not numbered first and second. The onset of the Cold War is marked by Winston Churchill's famous "I ...
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First World
The concept of First World originated during the Cold War and comprised countries that were under the influence of the United States and the rest of NATO and opposed the Soviet Union and/or communism during the Cold War. Since the collapse of the Soviet Union in 1991, the definition has instead largely shifted to any country with little political risk and a well-functioning democracy, rule of law, capitalist economy, economic stability, and high standard of living. Various ways in which modern First World countries are usually determined include GDP, GNP, literacy rates, life expectancy, and the Human Development Index. In common usage, "first world" typically refers to "the highly developed industrialized nations often considered the westernized countries of the world". History After World War II, the world split into two large geopolitical blocs, separating into spheres of communism and capitalism. This led to the Cold War, during which the term ''First World'' was often ...
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George Manuel
George Manuel, OC (February 21, 1921 – November 15, 1989, Secwépemc) was an Aboriginal leader in Canada. Born and raised in British Columbia, he became politically active there and in Alberta. In 1970 he was elected and served until 1976 as chief of the National Indian Brotherhood (known today as the Assembly of First Nations). In 1975 he founded and became president of the World Council of Indigenous Peoples, serving until 1981. Reflecting on his work with indigenous peoples across the Americas, he wrote ''The Fourth World: An Indian Reality'' (1975), exploring the effects of waves of European immigration on these peoples. In his later years, he served as president of the Union of BC Indian Chiefs, 1979 through 1981. Biography Manuel was born to Maria and Rainbow in 1921, on the Secwepemc territory of the Shuswap people in British Columbia. Maria later married Louie Manuel, and George took his stepfather's last name. He was first educated at the Kamloops Indian Residentia ...
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Politics By Region
Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external force, including wa ...
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Country Classifications
A country is a distinct part of the world, such as a state, nation, or other political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, sovereign state, while the country of Wales is a component of a multi-part sovereign state, the United Kingdom. A country may be a historically sovereign area (such as Korea), a currently sovereign territory with a unified government (such as Senegal), or a non-sovereign geographic region associated with certain distinct political, ethnic, or cultural characteristics (such as the Basque Country). The definition and usage of the word "country" is flexible and has changed over time. ''The Economist'' wrote in 2010 that "any attempt to find a clear definition of a country soon runs into a thicket of exceptions and anomalies." Most sovereign states, but not all countries, are members of the United Nations. The largest country by area is Russia, while the smallest is ...
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Western World
The Western world, also known as the West, primarily refers to the various nations and state (polity), states in the regions of Europe, North America, and Oceania.Western Civilization
Our Tradition; James Kurth; accessed 30 August 2011
The Western world is also known as the Occident (from the Latin word ''occidēns'' "setting down, sunset, west") in contrast to the Eastern world known as the Orient (from the Latin word ''oriēns'' "origin, sunrise, east"). Following the Discovery of America in 1492, the West came to be known as the "world of business" and trade; and might also mean the Northern half of the North–South divide, the countries of the ''Global North'' (often equated with capitalist Developed country, developed countries).
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National Wealth
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. This figure is an important indicator of a nation's ability to take on debt and sustain spending and is influenced not only by real estate prices, equity market prices, exchange rates, liabilities and incidence in a country of the population, but also by human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future. The most significant component by far among most developed nations is commonly reported as household net wealth or worth, and reflects infrastructure investment. National wealth can fluctuate, as evidenced in the United States after the Great Recession and subsequent economic recovery. During periods when equity markets experience strong growth, the ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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List Of Countries By Wealth Per Adult
This is a list of countries of the world by wealth per adult or household, from sources such as Credit Suisse's annual ''Global Wealth Databook'' See table 3-1 for all countries, on pages 119-122, for mean and median wealth, Gini coefficient, distribution of adults (%) by wealth range, and number of adults. All of that info (except the Gini coefficient) is also in table 2-2 on pages 109-112. See the end of table 2-2 on page 112 for regional numbers. Page 4 mentions "46 countries lacking sufficient suitable data for wealth estimation". Pages 20-24 (table 2-1) then feature estimates for GDP per adult for said countries, with wealth data quality characterized as "n.a." (not available). and the OECD's ''Better Life Index''."Income in Detail by Country" entries include estimates of mean Household net wealth. Wealth includes both financial and non-financial assets. Credit Suisse Global Wealth Databook's list of countries by wealth per adult (USD) Credit Suisse publishes various s ...
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Globalization
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialization''), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and international diplomacy are also large parts of the history of globalizat ...
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Global North And Global South
The concept of Global North and Global South (or North–South divide in a global context) is used to describe a grouping of countries along socio-economic and political characteristics. The Global South is a term often used to identify regions within Latin America, Asia, Africa, and Oceania. It is one of a family of terms, including "Third World" and "Periphery", that denote regions outside Europe and North America. Most, though not all, of these countries are low-income and often politically or culturally marginalized on one side of the divide, while on the other side are the countries of the Global North (often equated with developed countries). As such, the term does not inherently refer to a geographical south; for example, most of the Global South is geographically within the Northern Hemisphere. The term as used by governmental and developmental organizations was first introduced as a more open and value-free alternative to "Third World" and similarly potentially "valu ...
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Digital Divide
The digital divide is the unequal access to digital technology, including smartphones, tablets, laptops, and the internet. The digital divide creates a division and inequality around access to information and resources. In the Information Age in which information and communication technologies (ICTs) have eclipsed manufacturing technologies as the basis for world economies and social connectivity, people without access to the Internet and other ICTs are at a socio-economic disadvantage, for they are unable or less able to find and apply for jobs, shop and sell online, participate democratically, or research and learn. Historical background The historical roots of the digital divide in Europe reach back to the increasing gap that occurred during the early modern period between those who could and couldn't access the real time forms of calculation, decision-making and visualization offered via written and printed media. Within this context, ethical discussions regarding the relatio ...
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Colonialism
Colonialism is a practice or policy of control by one people or power over other people or areas, often by establishing colonies and generally with the aim of economic dominance. In the process of colonisation, colonisers may impose their religion, language, economics, and other cultural practices. The foreign administrators rule the territory in pursuit of their interests, seeking to benefit from the colonised region's people and resources. It is associated with but distinct from imperialism. Though colonialism has existed since ancient times, the concept is most strongly associated with the European colonial period starting with the 15th century when some European states established colonising empires. At first, European colonising countries followed policies of mercantilism, aiming to strengthen the home-country economy, so agreements usually restricted the colony to trading only with the metropole (mother country). By the mid-19th century, the British Empire gave up me ...
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