• nosurprises@lemm.ee
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    1 year ago

    Let me tell you, that:

    as the Cold War ended with the dissolution of the Soviet Union in 1991, the definition largely shifted to instead refer to any country that boasts a well-functioning democratic system with little prospects of political risk, in addition to a strong rule of law, a capitalist economy with economic stability, and a high standard of living.

    https://en.wikipedia.org/wiki/First_World