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There are five rings on the Olympic flag because the International Olympic Committee considers there to be five continents that send athletes to compete in the Olympics. Those continents are Europe, Australia, Africa, Asia, and the Americas (the IOC considers North America and South America as one continent). There is no ring for Antartica since there are no indigenous people from Antartica and, therefore, no countries from there send athletes to compete at the Olympics, at least for now. The rings are interlocked to show the coming together of athletes from all over the world at the Olympic Games.

The colors of the five rings (blue, red, black, green, yellow) represented the colors found on flags of competing countries at the time of the symbol's design, which was 1913.

No ring stands for any one continent nor does any color stand for any one continent, they are purely symbolic at this time, despite popular misconceptions.

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