THE DIFFERENCE BETWEEN FIRST WORLD AND THIRD WORLD

The term first world refers to so called developed, capitalist, industrial countries,
roughly a bloc of countries aligned with the United States after World War ll with more or less
common political and economic interests. It is defined as to any country with little political risk
and a well functioning democracy, rule of law, capitalist economy, economic stability and high
standard of living. First world is now typically refers to the highly developed industrialized
nations often considered the westernized countries of the world like North America, Western
Europe, japan and Australia.

Third world refers to the neutral and non-aligned countries. The concept of the third
world serves to identify countries that suffer from high infant mortality, low economic
development, high levels of poverty, low utilization of natural resources, and heavy
dependence on industrialized nations. Third world nations tend to have economies dependent
on the developed countries and are generally characterized as poor with unstable governments
and having high rates of population growth, illiteracy, and disease. These are the developing
and technologically less advanced nations of Asia, Africa, Oceania, and Latin America.

Therefore the difference between first world and third world is that, the first world or
the highly developed countries is on great high level in terms of economy, politics,
technological aspects, and stability compared to the third world known as the developing or
underdeveloped countries.

JHON GLENN S. MERCADO

BS-CRIM 1 BLK. 031