Portal:2000s

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The 2000s Portal

economic crisis since the Great Depression hits the world in 2008; a tsunami from the Indian Ocean earthquake kills over 230,000 in 2004, and becomes the strongest earthquake since the 1964 Alaska earthquake

The 2000s (pronounced "two-thousands") was a decade that began on January 1, 2000, and ended on December 31, 2009.

The early part of the decade saw the long predicted breakthrough of economic giants in Asia, like India and China, which had double-digit growth during nearly the whole decade. It is also benefited from an economic boom, which saw the two most populous countries becoming an increasingly dominant economic force. The rapid catching-up of emerging economies with developed countries sparked some protectionist tensions during the period and was partly responsible for an increase in energy and food prices at the end of the decade. The economic developments in the latter third of the decade were dominated by a worldwide economic downturn, which started with the crisis in housing and credit in the United States in late 2007 and led to the bankruptcy of major banks and other financial institutions. The outbreak of this global financial crisis sparked a global recession, beginning in the United States and affecting most of the industrialized world.

The decade saw the rise of the Internet, which grew from covering 6.7% to 25.7% of the world population. This contributed to globalization during the decade, which allowed faster communication among people around the world;[1][2][3][4][5]

The

Houthi insurgency in Yemen, and the Mexican drug war
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  1. ^ Ludden D (1998). The newness of globalization: A schematic view of the historical zones of territoriality University of Pennsylvania. Unfinished draft. Retrieved December 30, 2009. The time allocated for running scripts has expired.
  2. ^ Gordon PH; Meunier S (2001). The French challenge: Adapting to globalization. Washington, D.C.: Brookings.
  3. ^ Heizo T; Ryokichi C (1998). "Japan". Domestic Adjustments to Globalization (CE Morrison & H Soesastro, Eds.). Tokyo: Japan Center for International Exchange, pp. 76–102. Retrieved December 30, 2009.
  4. ^ Fry EH (2003). Local governments adapting to globalization. National League of Cities. Retrieved December 30, 2009. The time allocated for running scripts has expired.
  5. ^ The time allocated for running scripts has expired.
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