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Least Developed Countries and the Fourth World
The French Revolution etymological origins of Sauvy’s Third World coinage were completely shorn off when the term Fourth World came into currency in the 1970s, though the original usage did stay consistent with his use of Third World. As originally coined, the Fourth World consists of stateless nations: those nations, peoples, and ethnic groups that have no autonomy but exist under the thumb of other nations.
Understanding Key Economic IndicatorsSimply put, economic indicators are statistics about the economy that give us some idea how the economy is doing right now and maybe some idea where it might be going in the near future. And there is only a handful you need to know about. An understanding of these indicators can help you grasp basic financial news and help you make wiser, more informed decisions about your personal finances.
