The Rings symbolize each geographical area. Each country within these areas has a minimum of one colour on the emblem in their national flag. No one ring has any specific meaning. There were 5 countries and so 5 different coloured rings.
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The colors of the rings in the Olympic flag do not represent any continent or country. The colors represent the colors found in the flags of the nations that compete in the Olympic Games.
It doesn't "mean" anything. The colors were chosen mainly because a) they're distinctive b) the flag of every country in the world contains at least one of them ANSWER: See the Wikianswers link below.
The Olympic flag presented by Coubertin in 1914 is the prototype: it has a white background, and in the centre, there are five interlaced rings blue, yellow, black, green, and red. The blue ring is farthest left, nearest the pole.
The Olympic Committee adopted the symbol/flag in 1914, and it was first flown at the 1920 Antwerp Games.
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The colors of the rings in the Olympic flag do not represent any continent or country. The colors represent the colors found in the flags of the nations that compete in the Olympic Games.