(AM89) The 1990's Era Lesson

The 1990's Era Lesson 

The 1990s was the tenth and final decade within the 20th century that began on January 1, 1990, and ended on December 31, 1999.

The decade is seen by many Western nations as a period of unprecedented peace and prosperity, though many parts of the so-called Third World faced various problems including genocide, AIDS and new or continuing ethnic tensions and civil wars.

A combination of factors, including the mass mobilization of capital markets through neoliberalism, the beginning of the widespread proliferation of new media such as the Internet, and the dissolution of the Soviet Union led to a realignment and reconsolidation of economic and political power across the world, and within countries.

New ethnic conflicts emerged in Africa, the Caucasus and the Balkans, and signs of any resolution of tensions in the Middle East remained elusive, though the Irish Troubles came to a standstill in 1998 with the Good Friday Agreement.

 

 

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