HIST 20 Chapter Notes - Chapter 27: Velvet Revolution, Social Liberalism, Chapter 27

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Chapter 27: from triumph of tragedy, 1989 -2001. World trade organization, created to reduce barriers to international commerce and settle trade disputes. Though people did not agree with it and protested. Brought together factory workers that claimed that global free trade encouraged corporations to shift production to low wage centers overseas. Impacted the earth"s ecology of unregulated economic development. Globalization: the process by which people, investment, goods, information, and culture increasingly flowed across national boundaries. The free world triumphed over its communist rival, the free market over the idea of a planned economy, and the free individual over the ideas of shared community and social citizenship. Antiglobalization, individuals challenged globalization and its social consequences. Believed it widened the gap between the rich and the poor countries. Velvet revolution: the peaceful collapse pf communism in eastern europe. Throughout latin america and africa, civilian governments replaced military rule. Operation desert storm, quickly drove the iraqi army from kuwait.

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