First world

Definition

The term "First World" classifies countries that are highly industrialized and have advanced technological infrastructure, commonly associated with Western nations and their allies during the Cold War era. These countries typically exhibit high standards of living, stable economies, and robust healthcare and educational systems.

Related terms

Developed Country: A nation with a high level of industrialization, significant economic activity, and improved living conditions.

Global North: A socio-economic and political classification referring to wealthy, developed countries primarily situated in the Northern Hemisphere.

Gross Domestic Product (GDP): The total market value of all goods and services produced within a country in a given period of time, often used to gauge the economic performance of a country