Definition of 'Second World'
1. A country that was once controlled by the
2. A country that is more stable and more developed than a third-world country but less-stable and less-developed than a first-world country. Examples of second-world countries by this definition include almost all of Latin and
Some countries could be considered second-world by either of these two definitions.
Investopedia explains 'Second World'
1. Examples of second-world countries by this definition include
2. According to geo-strategist and London School of Economics doctorate Parag Khanna, there are about 100 countries that are neither first-world (OECD) nor third-world (least-developed, or LDC) countries. Khanna also points out that within the same country there can be a coexistence of first and second, second and third or first and third world characteristics. A country's major metropolitan areas may exhibit first-world characteristics while its rural areas exhibit third-world characteristics, for example.