NYSED Global History and Geography Online Resource Guide
 

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Communism Collapsed in Eastern Europe & the Soviet Union
 

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Terrorists attacked New York City and the Pentagon

Global AIDS Epidemic
Since the early 1990s, India and China (Chindia) have become economically competitive with the United States and enjoy fast-growing economies that are likely to become great powers in the 21st century. According to Clyde Pestowitz, wealth and power are rapidly shifting to Asia. The collapse of the communist economic systems brought billions of new capitalist into the world economy. This collapse encouraged India to trash its mixed economy and to adopt a less regulated more capitalistic economy. The global economy is integrated one that offers new opportunities to the peoples of the non-Western world.

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Unit:

Unit 7D

Unit 8A

Standards:
World History
Economics
Delhi Beijing China and India Emerging Economic Powers Cities of Interest
 
Related Turning Points:  Related Topics:
  • Globalization
     
  • Out-sourcing
     

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