Questions for discussion

  1. What were the major centers of economic activity in the early history of mankind?
  2. What countries represented economic prosperity at that time?
  3. What did they base their economic prosperity on?
  4. What situation was in Europe after the World War II?
  5. In what way was economic growth encouraged in some European countries in 1950s?
  6. How many countries are included in EU nowadays?
  7. What situation was in the Communist countries after the World War II?
  8. What prevented their successful transition from communism to capitalism?
  9. What does the term "Third World" mean?
  10. Does the idea of dividing countries into the 'first', 'second' and 'third' worlds remain true now?
  11. How can you describe the developing countries in terms of statistics?
  12. Why did they borrow much money from Japanese and Western banks?
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