The terms "Global North" and "Global South" accurately reflect the division of states according to wealth.

Question

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The terms "Global North" and "Global South" are more reflective of historical, political, and social divisions rather than strictly economic or wealth divisions. While there is a correlation between the Global North being generally wealthier and the Global South being less wealthy, there are exceptions, and the terms also encompass aspects of colonial history, development status, and geopolitical alignments.

The Terms "Global North" and "Global South" Accurately Reflect the Division