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Third World
A term originally used to describe countries that were not aligned with either the capitalist NATO bloc or the communist Eastern bloc during the Cold War, now often referring to developing countries.
Socio-Cultural Changes
Alterations in societal values, norms, and practices due to factors like technological advancements, economic shifts, and cultural exchanges.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence among global entities.
Worldwide Exchange
The global trading of goods, services, and financial assets among countries, influenced by international agreements and economic policies.
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