Formation of NAM was not merely in the context of military alliances but also in the context of economic policies'. Justify the statement.

Formation of NAM was not merely in the context of military alliances b

1.	Formation of NAM was not merely in the context of military alliances but also in the context of economic policies'. Justify the statement.
Answer» Explanation:NAM or Non-Alignment Movement was established in 1955 under the leadership of Nasser, Nehru and Tito.The PRIMARY aim of the above organisation was to provide help to all the members in becoming economically powerful. These members were provided with economical help during the times of natural calamities and even at times when they required support. During the beginning of 1980, the NAM took interest and SPONSORED CAMPAIGNS LEADING to the restructuring of commercial relations between developed and developing nations, mainly the New International Economic Order. During the Jakarta Summit of NAM in 1992 ,it ALLOWED shifting of its focus towards a certain direction which would help in working across the G7 Countries and the European Union . NAM helped its members to utilise their true potential through mutual co-operation for their overall economic development. Their members can now come together and plan for the trade which would help in boosting their economical conditions.Hope this helps.