Final answer:
The world experienced significant changes in the 1980s, including the acceleration of globalization, the end of the Cold War and the dissolution of the Soviet Union, and an oil boom followed by a bust.
Step-by-step explanation:
In the 1980s, several significant changes occurred in the world. Here are some key changes:
- Technology and Globalization: The globalization process accelerated, characterized by increased foreign investment, privatization of state enterprises, and reduced tariffs.
- The End of the Cold War: The Soviet Union dissolved in 1991, leading to a shift in global power dynamics and the breakdown of communist regimes in Eastern Europe.
- Oil Boom and Bust: Following the oil crisis in the 1970s, the oil-producing countries experienced an economic boom, but oil prices plummeted in the late 1980s.