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Answer
Global stratification is a way to understand how wealth and resources are distributed around the world. It often uses terms like "First World" and "Third World" to describe countries with different levels of development and wealth. The "First World" usually refers to wealthy, developed countries with high standards of living, while the "Third World" includes poorer, developing nations facing economic challenges. However, these terms can oversimplify the situation because there are many factors at play, such as politics, history, and culture, that influence a country's wealth. For example, while a country may be classified as "Third World," it might have rich natural resources or a growing economy that shows potential for improvement.
Detailed Explanation
The terms 'First World' and 'Third World' are outdated. Other options are incorrect because Some people think these terms clearly show wealth differences.
Key Concepts
Global Stratification
Economic Disparities
Social Hierarchy
Topic
Global Stratification
Difficulty
medium level question
Cognitive Level
understand
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