What is another word for economically developing nations?
Pronunciation: [ˌiːkənˈɒmɪkli dɪvˈɛləpɪŋ nˈe͡ɪʃənz] (IPA) 
Economically developing nations refer to countries that are in the process of improving their economic conditions. There are many synonyms for this term, including emerging markets, developing economies, and transitional economies. These terms are often used interchangeably and describe nations that are growing in terms of their GDP, infrastructure, and social systems. Other synonyms for developing nations include underdeveloped countries, third-world nations, and low-income countries, but these terms are becoming less common as many countries are making progress in their economic development. Regardless of the term used, it is important to remember that economically developing nations face unique challenges on their path to economic growth, including poverty, inequality, and political instability.
