In 1974, the poorest nations among the developing nations introduced into the United Nations a Declaration on the Establishment of a New International Economic Order. What is the main idea of this program?

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The main idea of the Declaration on the Establishment of a New International Economic Order was to call upon the rich nations to help reduce the growing gap in real per capita income levels between the developed and developing nations. It did not call for the less developed countries to cut ties with the more economically developed countries or follow socialist systems, nor did it focus solely on infrastructure development or involving economic leaders of poor countries in decision making processes.

In 1974, the Poorest Nations Among the Developing Nations Introduced