We often hear the terms 'developed countries', 'developing countries' and 'underdeveloped countries'. It has nothing to do with progress or backwardness. It simply means industrially developed or under developed. Why is this significant? Futurist Alvin Toffler in his seminal book ' The Third Wave ' proposes how humankind developed and evolved in waves from early nomadic people, till today. Ever wondered why some societies were rich and powerful and now not so? In the earliest period nomadic leaders and tribes were those who had more livestock and members, to forage, hunt and fight. In the first wave humans moved from being hunter/forager to farming. During this wave the wealthiest and most powerful were those societies that owned and controlled the maximum amount of fertile land. Today societies that are predominantly first wave are amongst the poorest countries because they are seen as the industrially undeveloped economies. ...
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