"Third World Socialism" Poverty, hunger, unfair distribution of wealth, depravation, these are all terms that describe the desperate predicament of the people of the Third World. The ideology or belief system of Third World socialism rejects both capitalism and communism. Therefore the theories of Third World socialism are a balance between the two extreme systems of government. The defining question for hundreds of years has been how much government should participate in the economics of …showed first 75 words of 1375 total…

…showed last 75 words of 1375 total…leaders of Third World countries have great ambitions for the progression of their country. Unfortunately the inefficiencies of the bureaucracy, which is imperative for the workings of a society, fail to accomplish the programs set forth by the leaders. In conclusion, the Third World is plagued with numerous social and economic problems. The solutions to these problems are still being debated while people of Third World continue to suffer the hardships of living in poverty.