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During the [[Cold War]] period '''third world''' referred to countries which didn't align themselves to either of the power blocks the [[US]] and its  

During the [[Cold War]] period '''Third World''' referred to countries which didn't align themselves to either of the power blocks the [[US]] and its  

allies and the [[Union of Soviet Socialist Republics|Soviet union]] and its allies. These nations formed the non-aligned movement.  

allies and the [[Union of Soviet Socialist Republics|Soviet Union]] and its allies. These nations formed the non-aligned movement.  

Nowadays third world refers to developing and undeveloped countries which have large scale [[poverty]].

Nowadays third world refers to developing and undeveloped countries which have large scale [[poverty]].