This is the C major scale:
C D E F G A B
This is the C minor scale:
C D Eb F G Ab Bb (B)
A basic chord is a triad.
A “C major chord” uses the First, The Third and the Fifth.
Referring back to our C major scale this would be:
C E G
We call the E in relation to C a “major third”.
A C minor chord also uses the First, the Third and the Fifth:
C Eb G
So, you can see that in the minor chord the 3rd is flattened from E to E-flat. A “flat third” is also called a “minor 3rd”.
The different between a major and a minor chord is a flattened third.
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