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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 post-war consensus is a historians' model of political agreement from 1945 to 1979, when newly elected Prime Minister Margaret Thatcher rejected and reversed it. [59] The concept claims there was a widespread consensus that covered support for a coherent package of policies that were developed in the 1930s, promised during the Second World ...
The American economy grew dramatically in the post-war period, expanding at a rate of 3.5% per year between 1945 and 1970. During this period of prosperity, many incomes doubled in a generation, described by economist Frank Levy as "upward mobility on a rocket ship."
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
The legacy of the Cold War is not easily erased, as many of the economic and social tensions that were exploited to fuel competition in parts of the Third World have remained acute. The breakdown of state control in a number of areas formerly ruled by communist governments has produced new civil and ethnic conflicts, particularly in the former ...
The history of the United States from 1964 to 1980 includes the climax and end of the Civil Rights Movement; the escalation and ending of the Vietnam War; the drama of a generational revolt with its sexual freedoms and use of drugs; and the continuation of the Cold War, with its Space Race to put a man on the Moon.
Considering the post-war era as equivalent to the Cold War era, post-war sometimes includes the 1980s, putting the end at 26 December 1991, with the dissolution of the Soviet Union. [ 1 ] [ 2 ] The 1990s and the 21st century are sometimes described as part of the post-war era, but the more specific phrase " Post–Cold War era " is often ...
Job growth remained weak at first, hampered by mass layoffs in defense-related industries following the end of the Cold War. [6] Construction hiring was also weak, and real estate values subdued, following a period of overbuilding in the 1980s. [7] Economic growth solidified by 1993, and home prices rebounded starting in 1995.