<span>George H.W. Bush lost to Bill Clinton.</span>
Britain calls for international mediation to resolve the worsening
crisis. Russia urges German restraint, but the Russians begin partial
troop mobilization as a precaution. The Germans then warn Russia on its
mobilization and begin to mobilize themselves. Austria Hungary invades Serbia.
The post industrial economy is a phrase that describes the shift of some major industrial economies in the late twentieth century away from producing goods and toward producing services.