Microsoft Store
 

1990s


 

Events and trends

The 1990s are generally classified as having moved slightly away from the more conservative 1980s, but otherwise retaining the same mindset. The 90s were marked with rapid progression of globalization and global capitalism following the collapse of the Soviet Union and the end of the Cold War. While optimism and hopes were high following the collapse of Communism, the backlash of the Cold War's effect was only beginning, precipitating the continuation of terrorism in Third World regions that were once the frontlines for American and Soviet foreign politics, particularly in Asia. However, during the 1990s many First World economies such as the United States, Canada, Ireland, Australia, and South Korea experienced steady economic growth for nearly the entire decade. Even less affluent nations such as Malaysia saw tremendous improvements in economic prosperity and quality of life during the 1990s. With the Cold War over, "Roaring" 90's prosperity, and September 11 having no negative connotations applied to it, this decade is often held in high regard for people in many of these nations.

Related Topics:
Cold War - Third World - First World - United States - Canada - Ireland - Australia - South Korea - Malaysia - September 11

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Many countries, institutions, companies, and organizations also viewed the 90s decade as "a prosperous time", meaning that almost all of them rebounded after many years of failure. Some examples include Apple Computer's revival of power after being at the edge of bankruptcy, breakthroughs in many fields of technology that includes the Internet, compact disc, virtual reality, etc., the discovery of oil and gas on many countries and Pope John Paul II's papacy reached its peak.

Related Topics:
Apple Computer - Bankruptcy - Internet - Compact disc - Virtual reality - Pope John Paul II

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Regardless, the 1990s brought tragic conflicts as well, like the Serbian-Croatian conflict, the Rwandan genocide, the Battle of Mogadishu in Somalia and the first Gulf War.

Related Topics:
Serbian-Croatian conflict - Rwandan genocide - Battle of Mogadishu - Gulf War

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Technology

Science

War, peace and politics

Economics

Culture

Fads and fashion

Other significant events