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| Incited Arab oil-producing nations to stop the flow of oil to nations that had supported Israel. Hurt the world's economy. |
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| The period of economic stagnation from 1973 to the mid-1980s. A combination of high inflation and high unemployment. |
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| The result of new means of funding and organization of increasingly specialized fields of research. Stressed teamwork, the combining of theoretical research with engineering techniques, and complex research facilitieswith professional managers and expensive, sophisticated equipment. |
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| Used by much of Western Europe, excluding Britain. A currency that evolved from the political and economic ties of the European Union. |
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| Political and social reform initiated by Gorbachev. |
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| Economic restructuring initiated by Gorbachev. |
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| Commonwealth of Independent States |
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| Formed by Russia, Ukraine, and Belarus in late 1991, when the Soviet Union basically ceased to exist. |
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| The generation born during the post-WWII baby boom. Responsible for a growing youth culture during the 1960s. |
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| Took place against the United States in 2001. Marked the beginning of a new international era characterized by many dangers to world peace and stability. |
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