Rise of US hegemony
- Created by: Katie Beaumont
- Created on: 16-05-17 16:32
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- REASON for RISE of US HEGEMONY
- The USA increasingly ASSUMED a position of ECONOMIC, POLITICAL & MILITARY LEADERSHIP within the CAPITALIST WEST
- This OCCURRED at the END of the COLD WAR
- When the SU were DEFEATED as their ECONOMY was failing
- Led to FALL OF COMMUNISM
- When the SU were DEFEATED as their ECONOMY was failing
- This ENSURED there was NO RETURN to pre-war ISOLATIONISM
- The USA became the CHIEF-ARCHITECHT of the 'MULTI-LATERAL WORLD'
- They INTRODUCED & FUNDED most of the LIBERAL INSTITUTIONS (IMF/WB/UN etc)
- The USA UNDERPINNED the ECONOMIC RECOVERY of the war
- US CORPORATIONS quickly achieved INTERNATIONAL DOMINANCE in MOST ECONOMIC sectors
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