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( Third World) Third World is a categorical label used to describe states that are considered to be underdeveloped in terms of their economy or level of industrialization, globalization, standard of living, health, education or other criteria for "advancement". The name Third World arose during the Cold War to refer to nations that did not belong to the similarly termed "First" or "Second Worlds". There is debate over the appropriateness of the term. Critics of the term caution that the term implies that industrialization is progressive [1]. Supporters of the term advocate that the term is embraced by many Third World nations themselves , particularly in the Non-Aligned Movement, and that no alternative is without detractors, (see controversy).

The economist and demographer Alfred Sauvy, in an article published in the French magazine L'Observateur, August 14, 1951, coined the term Third World in referring to countries currently called either "developing" or "under-developed", especially in Latin America, Africa, Oceania, and Asia, that were unaligned with either the Communist Soviet bloc or the Capitalist NATO bloc during the Cold War (1945–1989).[1].

In academic circles, the countries of the Third World are known as the "Third World", the "Global South", the "developing countries", and the "under-developed countries". Economic development workers refer to these nations as the "Two-thirds World" and "The South". Some developers disapprove of the term "developing countries" because the term implies that industrialization is progressive [2].

"Third World" has also been used frequently to refer to the less industrialized countries of the "South" in the "North-South" conflict after it was noted that most (not all) of the industrialized nations appear to be located in the Northern Hemisphere.

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