First World

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Dictionary Says

Definition of 'First World'

1. A country that was aligned with the West and opposed to the Soviet Union during the Cold War. Since the collapse of the Soviet Union in 1991, this use of First World has largely gone away.

2. A country characterized by political stability, democracy, rule of law, a capitalist economy, economic stability and a high standard of living. Various definitions have been used for First World nations, including GDP, GNP and literacy rates. The Human Development Index is also a good indicator in determining First World countries.
Investopedia Says

Investopedia explains 'First World'

First-world countries have stable currencies and robust financial markets, making them attractive to investors from all over the world. Examples of first-world countries include the United States, Canada, Australia, New Zealand, Japan and the Western European countries. First-world countries are in the minority; most countries are classified as second- or third-world.
Search results for

'First World'

  • Who Will Be The World's First Trillionaire? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/The-First-Trillionaire.aspx
    ... Who Will Be The World's First Trillionaire? ... The question then, is how long
    it will be before the world sees its first trillionaire. ...

  • The Plaza Accord: The World Intervenes In Currency Markets

    http://www.investopedia.com/articles/forex/09/plaza-accord.asp
    ... It was the first time central bankers agreed to intervene in the currency markets,
    the first time the world set target rates, the first time for globalization ...

  • What was the first company with a $1 billion market cap?

    http://www.investopedia.com/ask/answers/09/1-billion-market-cap.asp
    United States Steel Corportation (NYSE:X) was the world's first company to surpass
    the market capitalization mark of $1 billion dollars. In the early. ...

  • Does perfect competition exist in the real world?

    http://www.investopedia.com/ask/answers/05/perfectcompetition.asp
    ... First, let's review what economic factors must be present in an industry with ... As
    a result, perfect competition is rarely (if ever) observed in the real world. ...

  • Options On Futures: A World Of Potential Profit

    http://www.investopedia.com/articles/optioninvestor/02/061302.asp
    ... Stock Index Options on Futures The first thing that probably throws a curve ball
    at ... 500 options on futures, which are the more popular in the world of futures ...

  • The Evolution Of Banking

    http://www.investopedia.com/articles/07/banking.asp
    ... When the First World War broke out, America became a global lender and replaced
    London as the center of the financial world by the end of the war. ...

  • Financial Implications Of College Football Playoffs - Investopedia ...

    http://financialedge.investopedia.com/financial-edge/0112/Financial-Implications-Of-College-Football-Playoffs.aspx
    ... The Rose Bowl, played in its mammoth 92,542-capacity namesake since the
    First World War, promises its participants $17 million. ...

  • How Retirement Programs Vary Worldwide - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/How-Retirement-Programs-Vary-Worldwide.aspx
    ... To see how the other half lives, let's look at the first-world country that's no
    more than a couple of places away from the top, on every list of positive ...

  • Your First Checking Account

    http://www.investopedia.com/articles/younginvestors/07/checking_account.asp
    ... Conclusion Checking accounts are necessary in today's world. ... with this owner's manual,
    you'll feel a little more confident about your first checking account. ...

  • To whom was the term "corporate kleptocracy" first applied?

    http://www.investopedia.com/ask/answers/09/corporate-kleptocracy-conrad-black-hollinger.asp
    ... To whom was the term "corporate kleptocracy" first applied? ... Soon, Black was buying
    up newspapers all over the world and, at one time point in the 1990s, owned ...

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