Question: first world third world is there a second world

Answer: Yes, The concept of ``Second World'' was a construct of the Cold War and the term is still largely used to describe former communist countries that are between poverty and prosperity, many of which are now capitalist states. Subsequently the actual meaning of the terms ``First World'', ``Second World'' and ``Third World'' changed from being based on political ideology to an economic definition. The three-world theory has been criticized as crude and relatively outdated for its nominal ordering (1; 2; 3) and sociologists have instead used the words ``developed'', ``developing'', and ``underdeveloped'' as replacement terms for global stratification (which in turn have been criticized as displaying a colonialist mindset) --nevertheless, the three-world theory is still popular in contemporary literature and media. This might also cause semantic variation of the term between describing a region's political entities and its people.