1990s

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The 1990s, also known as "the Nineteen Nineties" or abbreviated as "the Nineties" or "the '90s", was the decade that started on January 1, 1990 and ended on December 31, 1999. It was the last full decade of both the 20th century and the 2nd millennium.

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. The 1990s is often considered the end of Modernity and the dawn of the current Postmodern age.[1] Living standards and democratic governance generally improved in many areas of the world, notably East Asia, much of Eastern Europe, Latin America, and South Africa. New ethnic conflicts emerged in Africa, the Caucasus and the Balkans, and signs of any resolution of tensions in the Middle East remained elusive.[2]

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