1990s
From The Art and Popular Culture Encyclopedia
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The 1990s refers to the time period between the beginning of 1990 and the end of 1999. The 1990s were marked by rapid progression of globalization following the collapse of the Soviet Union and the end of the Cold War. Key forces shaping the decade were the recession of the late 80s, and the advent of PCs in middle-class homes, resulting in the rise to prominence of the internet. The Internet would go on to revolutionize modern culture, and has served as a major medium for the integration and the spread of popular culture in the entire world.
The widespread adoption of personal computers and the Internet increased economic productivity, while high levels of private investment in equity markets increased personal wealth among many Americans, Japanese, South Koreans, Australians and Europeans.
