16:22
which do i pick
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Simple English definitions for legal terms
less-developed country
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A quick definition of less-developed country:
A less-developed country is a country that is not as advanced as other countries in terms of its economy and politics. These countries are mostly found in Africa, Asia, Eastern Europe, the Middle East, and Latin and South America. They are also called developing countries, underdeveloped countries, or Third World countries. The terms used to describe these countries have changed over time, but they all refer to the same group of countries that need help to improve their economic and political situations.
A more thorough explanation:
A less-developed country is a country that is not as economically or politically advanced as the main industrial powers. These countries are mostly located in Africa, Asia, Eastern Europe, the Middle East, and Latin and South America. They are also known as developing countries, underdeveloped countries, or Third World countries.
For example, countries like Haiti, Afghanistan, and Yemen are considered less-developed countries because they have lower levels of economic development and political stability compared to countries like the United States, Japan, or Germany.
The term less-developed country has undergone changes over time. It was first referred to as "poor" or "backward" countries. Then, it was called "underdeveloped countries" in the late 1940s and "less developed countries" in the 1950s. The current term "developing countries" was eventually substituted, but all these terms refer to the same group and kind of countries.