Search results
Results from the WOW.Com Content Network
The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to ...
The Cold War was a period of global geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991.
The phrase "new world order" as used to herald in the post-Cold War era had no developed or substantive definition. There appear to have been three distinct periods in which it was progressively redefined, first by the Soviets and later by the United States before the Malta Conference and again after George H. W. Bush's speech of September 11, 1990.
The terms First World, Second World, and Third World were originally used to divide the world's nations into three categories. The complete overthrow of the pre–World War II status quo left two superpowers (the United States and the Soviet Union) vying for ultimate global supremacy, a struggle known as the Cold War. They created two camps ...
The post –Cold War era is a period of history that follows the end of the Cold War, which represents history after the dissolution of the Soviet Union in December 1991. This period saw many former Soviet republics become sovereign nations, as well as the introduction of market economies in eastern Europe.
The Cold War lasted roughly 45 years from the end of World War II to the Soviet collapse in 1991. The era was defined by an intense political, economic and military rivalry between the U.S. and U ...
However, after the Cold War ended with the dissolution of the Soviet Union in 1991, the definition largely shifted to instead refer to any country with a well-functioning democratic system with little prospects of political risk, in addition to a strong rule of law, a capitalist economy with economic stability, and a relatively high mean ...
Gopinath highlighted that while the conditions for another Cold War—ideological and economic rivalries between the world’s two biggest economies—were similar to those in the 20th century ...