First-world countries are generally comprised of a specific set of traits.

While the
original definition of a first-world country only included nations who allied themselves
with the United States and NATO, the modern use of the term has broadened to
include nations that are successful and are overall well-developed. It is a bloc of
democratic-industrialized countries within the American sphere of influence, the "First
World," also known as The West (Nations Online, 2019). A first-world country can be
classified as such by any of these traits:

 Democratic government
 A stable economy, most often capitalist
 Industrialized
 A high Gross National Income
 A high Human Development Index rating
 A high Press Freedom Index rating

While, the third World was all the other countries. They are mainly underdeveloped
agricultural states and nations of Africa, Asia, and Latin America, where the blessings
of civilization benefited only a small ruling elite and the corporations and upper
classes of the former colonial powers. In principle, the term Third World is outdated
but still in use; today, the politically correct designation would be less developed
countries. These are the developing and technologically less advanced nations of
Asia, Africa, Oceania, and Latin America. Third world nations tend to have
economies dependent on the developed countries and are generally characterized as
poor with unstable governments and having high fertility rates, high gender-related
illiteracy and are prone to diseases (Banton, 2022).