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Is Argentina considered a third world country?

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Is Argentina considered a third world country?

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1- “Third World Country” is no longer in use, plus have not the original meaning: The term Third World arose during the Cold War to define countries that remained non-aligned or neutral 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). 2- To-day the UN “Human Development Index” is used. According to these index, Argentina is “developed” Norway, Australia, Iceland, Canada and Ireland are the first 5 most developed countries according to this index.

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