Changes

The '''First World''' is a term used during the [[Cold War]] that included the [[capitalist]] industrialized countries of [[North America]], Western [[Europe]], [[Japan]], [[Australia]], and [[New Zealand]].

The '''First World''' is a term used during the [[Cold War]] that included the [[capitalist]] industrialized countries of [[North America]], Western [[Europe]], [[Japan]], [[Australia]], and [[New Zealand]].

The term First World is opposed to ''[[Second World]]'' and ''[[Third World]]'', which referred to the [[Communist]] industrialized nations and the non-industrialized poor nations of the world, respectively. After the end of the [[Cold War]], the term has fallen out of use with the terms Global North or Developed Countries replacing it.

The term First World is opposed to ''Second World'' and ''[[Third World]]'', which referred to the [[Communist]] industrialized nations and the non-industrialized [[poor]] nations of the world, respectively. After the end of the [[Cold War]], the term has fallen out of use with the terms Global North or Developed Countries replacing it.

 

[[Category:Economics]]

[[Category:Economics]]

[[Category:History]]

[[Category:History]]