General Knowledge - Basic General Knowledge - Discussion

Discussion Forum : Basic General Knowledge - Section 1 (Q.No. 59)
59.
G-15 is an economic grouping of
First World Nations
Second World Nations
Third World Nations
Fourth World Nations
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
28 comments Page 1 of 3.

Bakkialakshmy said:   1 decade ago
First World described the NATO (North Atlantic Treaty Organization) countries and their allies, which were democratic, capitalist and industrialized. The First World included most of North America and Western Europe, Japan, and Australia.

Second World described the communist-socialist states. These countries were, like First World countries, industrialized. The Second world included the Soviet Union, Eastern Europe, and China.

Third World described those countries that did not align with either the First World or Second World countries after World War II and generally described less-developed countries. The Third World included the developing nations of Africa, Asia, and Latin America.

Fourth World was coined in the 1970s, referring to the nations of indigenous people that live within a country. These groups often face discrimination and forced assimilation. They are among the poorest in the world.

Satyajeet Kumar said:   2 months ago
The G-15 (Group of 15) is an economic grouping of Third World nations. It brings together countries from different regions to cooperate on various issues and provide input to international organizations such as the World Trade Organization and the Group of 7.

The G-15 was established in 1989 with the goal of promoting technology, trade, and investment in developing countries whose economies are still growing.

As of now, the countries included in the G-15 are:

1. Algeria
2. Argentina
3. Brazil
4. Chile
5. Egypt
6. India
7. Indonesia
8. Iran
9. Jamaica
10. Kenya
11. Malaysia
12. Mexico
13. Nigeria
14. Peru
15. Senegal
16. Sri Lanka
17. Venezuela
18. Zimbabwe.

These nations collaborate to harness their collective potential for beneficial cooperation, review global situations, and align themselves to improve international economic relations.

Rajni gaud said:   1 decade ago
The Group of 15 (G-15) is an informal forum set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight. It was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia, in September 1989, and is composed of countries from Latin America, Africa, and Asia with a common goal of enhanced growth and prosperity. The G-15 focuses on cooperation among developing countries in the areas of investment, trade, and technology. Membership has since expanded to 17 countries, but the name has remained unchanged. Chile, Iran and Kenya have since joined the Group of 15, whereas Yugoslavia is no longer part of the group; Peru, a founding member-state, decided to leave the G-15 in 2011.

Pratistha Chhibber said:   1 decade ago
First world nations:

The concept of the First World first originated during the Cold War, involving countries that were aligned with the United States. These countries were largely self-proclaimed democracies.

Second world nations :

The term "Second World" refers to the former industrial states, territory and sphere under the influence of the Union of Soviet Socialists Republic during the cold war.

Third world nations :

Third World was a term originally used to distinguish nations that neither aligned with the West nor with the East during the Cold War, many were members of the Non-Aligned Movement.

Pooja said:   1 decade ago
"Third World" arose during the Cold War to define countries that remained non-aligned with either capitalism and NATO (which along with its allies represented the First World), or communism and the Soviet Union (which along with its allies represented the Second World). This definition provided a way of broadly categorizing the nations of the Earth into three groups based on social, political, and economic divisions.

Sirola said:   1 decade ago
G-15 is group of developing countries formed in 1989 at present 17 countries are its member. Main act as a catalyst for greater cooperation between leading developing countries.

Chanchal said:   1 decade ago
Dear Pooja,

Will you please make your information more clear for us? I am unable to understand what you want to say.

Advait said:   1 decade ago
G-15 is an economic grouping of Third World Nations .
& G-8 is an economic grouping of First World Nations .

SAAKSHI said:   1 decade ago
Why this G-15 and G-8 are formed? And what does it mean IST WORLD NATION THIRD WORLD NATION?

Ghoshiii said:   3 years ago
Third World Nations are economically backward and politically instable and developing.


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