You don't say "third world" anymore. The current term is "Developing Country".
Main characteristics involve:
- High level of corruption in the government.
- More than 6 social classes (high social stratification).
- Less than US 500 monthly income per capita
- Human development index below 6 on a scale of 1 to 10.
- Alphabetism rate below 70%
- Not free education
- Poor sanitation
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