Part one of term paper
The economic situation which exists in the developing world today, is the result of the relationship between the modern, and developing nations of the world. Modernized nations benefited from this relationship because it gave them access to natural resources. However, because of this relationship, many developing nations now suffer from sev ...

Part two of term paper
... On the other hand most of the developing world, Central and South America and Africa, are found in the southern hemisphere. The "well fed", well dressed individual holding the industrialized world indicates that the modernized nations of the world are prosperous, and have a high standard of living. The skinny, poorly dressed individual holding the developing world indicates that the developing nations of the world are not prosperous, and have a lower standard of living than do industrializ ...