According to the text, the terms "modernizing country", "developing country", "Third World country", all mean basically the same thing-"poor country".

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These terms are often used interchangeably in various contexts to refer to countries that are not as economically developed as Western European countries, the United States, Canada, Japan, South Korea, and Australia, implying a lower level of economic prosperity or a "poor country" status.

According to the Text, the Terms "Modernizing Country", "Developing Country