Search Results Featured snippet from the web As stated above, trends are generally created by four major factors: government, international transactions, speculation/expectation and supply and demand. These areas are all linked as expected future conditions shape current decisions and those current decisions shape current trends.
These are crucial events that have shaped our contemporary world since 1989-1990:
1. The end of the Cold War, symbolized by the fall of the Berlin Wall and the breakup of the communist sytem in Europe.
2. Globalization: The process of liberation of financial and capital flows around the world with all what it has brought: free movement of capital and investments, free trade, world interconnectedness.
3. 9/11 Terrorist attacks. The 9/11 tragic events completely changed the paradigm of security for the US and the whole world.
Some of theses changes should occur when there is no war going on. This is to make the country be modernized by the technology. If there is a war going on, the improvement of each technologies will be lessen and could possibly be stopped.
