This info from www.Olympics.org: "The Olympic symbol consists of five interlaced rings of equal dimensions, used alone, in one or in five different colours, which are, from left to right, blue, yellow, black, green and red. The Olympic symbol (the Olympic rings) expresses the activity of the Olympic Movement and represents the union of the five continents and the meeting of athletes from throughout the world at the Olympic Games.
But watch out! It is wrong, therefore, to say that each of the colours corresponds to a certain continent!" There is an even more comprehensive explanation at this address: http://multimedia.olympic.org/pdf/en_report_1303.pdf
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The five Olympic rings represent the five continents in the world 5 continents, 5 rings actually
go on google.com and go to images and search up OLYMPIC RINGS.
The Olympic Committee adopted the symbol/flag in 1914, and it was first flown at the 1920 Antwerp Games.
to represent the Ring (continents) are together during the Olympics.
the ancient Greek Olympic symbol was five different coloured wreaths exactly positioned like the ones now.