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Can you list the top facts and stats about Territory?
Summarize this article for a 10 years old
|Part of the Politics series|
As a subdivision, a territory in most countries is an organized division of an area that is controlled by a country but is not formally developed into, or incorporated into, a political unit of that country, which political units are of equal status to one another and are often referred to by words such as "provinces", "regions", or "states". In its narrower sense, it is "a geographic region, such as a colonial possession, that is dependent on an external government."