task #1 ~ Global Economics

In the world today, countries are classified as either Developed or Developing countries, the wealthy and the poor. They are further classified in first, second, third and fourth world places with first world being of the most power in terms of global, economic, technological and social powers, they have education, medical care, and a higher life expectancy and a fourth world country being of the least developed, with no real standing in the powers of the world today, have little or no education, medical care and they struggle for life because they lack the essential items to live on.

If one were to look at a map showing all MDC's LDC's and LLDC's we would find that basically all of the LLDC's are in the southern parts of the world with the MDC's in the northern part.(Legend for map) Darker green, Most Advanced (First), Light green, In transition (Second), Orange, Less developed (Third), and Red, least developed (Fourth)