What is globalization, and how did it affect the United States in the 1990’s? Globalization – merging of national and international markets in a way that allows people to trade freely across the globe , outside the limits of politics. Two main things affected the U.S.: the Internet, and NAFTA.
Why was the year 1989 the most momentous in the 20th century?
Why was the year 1989 one of the most momentous in the twentieth century? 1989 is considered the end of the Cold War . Around the world, signs of democracy, like the protests at Tiananmen Square in China and the fall of the Berlin Wall, caused the collapse of communism.
What is globalization and how did it affect the United States in the 1990’s?
Globalization in the 1990s allowed the American consumer to have access to more cheaply produced foreign goods than ever before . This led to retail becoming one of the largest parts of the US economy and supported a more materialistic-inclined side of the middle class.
Which issue was most central to the culture wars of the 1990s quizlet?
The Culture Wars of the 1990s were battles over the moral values of Americans . The Christian Coalition was organized in opposition to what it perceived as an attack on “traditional” American values.
What events between 1989 and 1991 encouraged the spread of globalization?
With the collapse of the Soviet Union in 1989 and the end of the Cold War in 1991 , the world became more interconnected. This is because the communist bloc countries, which had previously been intentionally isolated from the capitalist West, began to integrate into the global market economy.
What does globalization mean and how has it affected the United States?
Globalization has a positive impact because it enables the US to increase trade in services, manufacturing, agricultural and food products , it enables Americans to buy cheaper and more abundant consumer goods, and it creates more U.S. jobs.
How does globalization affect us today?
However, globalisation is also affecting us in a negative way. Increased transportation and the global shift of polluting manufacturing industries has resulted in environmental degradation. Pollution is affecting people’s health and having a negative impact on biodiversity levels globally.
What was one cause of increasing globalization in the 1990s quizlet?
What was one cause of increasing globalization in the 1990s? The fall of the Soviet Union , which allowed former communist bloc countries to integrate into the global market.
What was significant about the election of 2000 quizlet?
Describe the election of 2000. One of the closest US presidential elections ever. Al Gore, Bush’s Democratic rival, won the popular vote by a narrow margin , but Bush attained a plurality of votes from the electoral college. ... Gore went to the Supreme Court, which decided to halt the recount and declare Bush the winner.
What is the meaning globalization?
Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations , brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
What statement describes the effect globalization had on the 1990s economy for an average American?
What statement describes the effect NAFTA had on the U.S. economy in the 1990s for average Americans? The elimination of tariffs and trade restrictions between the U.S., Canada and Mexico made the household goods I buy cheaper.”
What was the importance of the microprocessor quizlet?
What was the importance of the microprocessor? -by late 1960s, manufacturers were making microprocessors , or single chips with many integrated circuits containing both memory and computing functions. These made computers even smaller and faster.
What was the Contract with America quizlet?
The “Contract with America” was the Republican plan in the 1994 election , calling for welfare reform, congressional term limits, and a balanced-budget amendment. ... Under the 1994 Dayton accords, the United States agreed to send thousands of American troops to Bosnia as part of a NATO peacekeeping force.
What is a major advantage of globalization?
Globalization allows companies to find lower-cost ways to produce their products . It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
What are effects of globalization?
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe .
What led to globalization?
The world economy has become increasingly interdependent for a long time. However, in recent decades the process of globalisation has accelerated; this is due to a variety of factors, but important ones include improved trade, increased labour and capital mobility and improved technology .
