Monday, July 18, 2011

First World Problems

Ever stop to think about how many of your problems are only problems that the 1st world faces?  Watch this video and then consider how to address some 2/3 world problems.


BTW, the term "First World" and "Third World" are still used, but the "system" has lost its meaning because, well, there is no real "Second World" today. Here is some context.

First World: The developed world (like the U.S., Japan, France, etc.).
Second World: The communist world (think the Soviet Union, etc. back in the day).
Third World: The developing world (think most of Africa, for example).

For what it is worth, many now refer to the Third World as the Two Thirds World, which is more reflective of the reality today. Two thirds of the world lives there.

Finally, be sure to check out the Global Rich List to see how you fit in the world of global economics. It will make you think.

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