Definitions for "Third World"
the impoverished or developing countries of the world, made up mostly of of Asian, African, and South American countries.
Refers to all less developed countries as a group. Term originated during the Cold War, when the "first world" was the developed capitalist countries and the "second world" was the communist countries, although these terms were seldom used.
the poorer countries of Asia, Africa, and Latin America that are trying to develop better economic and social conditions.