Unit 5 Lecture.

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Presentation transcript:

Unit 5 Lecture

Major characteristics Redefinition of West Democratic Transition Changes in Belief Systems Questioning of systems inequality

War and Diplomacy Two world wars Cold War Diplomatic trend to have international organizations address changing balance of power

New patterns of Nationalism Large Empires broke into smaller ethnic nations– especially after WWII (decolonization) WWI impact Ottoman Empire, Latin America, Cuba, Sukarno, India, Africa, Ho Chi Minh Nationalism led to many responses Japan, Egypt, Turkey

Impact of major global economic development Great Depression- global production dropped by 36% Countries dependent on international trade most hard hit 20th century technology– WWII technologies increased productivity The computer age! Led to multinational corporations– GM, Exxon difficulty in regualting

Pac RIm Economic Strength of Pac Rim Japanese Keiretsu- business conglomerates close to govt (supports through tariff and import regulations) Japan! Asian Tigers- Taiwan, SK, HK and Singapore Den Xiaoping socialist market economic- blend of Capitalism and socialism

Middle East

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