G-15 is an economic grouping of

First World Nations
Second World Nations
Third World Nations
Fourth World Nations

The correct answer is: C. Third World Nations.

The G-15 is a group of developing countries that was founded in 1989. The group’s goal is to promote economic cooperation and development among its members. The G-15 currently consists of 15 countries: Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, and Venezuela.

The term “Third World” was first used during the Cold War to refer to countries that were not aligned with either the United States or the Soviet Union. The term is now often used to refer to developing countries.

The G-15 has been criticized for its lack of effectiveness. Some critics argue that the group is too large and diverse to be able to achieve its goals. Others argue that the group is too focused on economic issues and does not do enough to address social and political issues.

Despite these criticisms, the G-15 remains an important forum for developing countries to discuss their common concerns and to work together to promote their economic development.

The other options are incorrect because:

  • A. First World Nations refers to the countries that were aligned with the United States during the Cold War.
  • B. Second World Nations refers to the countries that were aligned with the Soviet Union during the Cold War.
  • D. Fourth World Nations is a term that is sometimes used to refer to the poorest countries in the world.
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