'90s

The 1990s (pronounced "nineteen-nineties", shortened to "the 90s" and also referred to as simply "the Nineties") was a decade that began on January 1, 1990, and ended on December 31, 1999.
Known as the Post-Cold War Decade, the 90s are often culturally defined as the period from the Revolutions of 1989 that marked the end of the Cold War until the Global War on Terrorism (including the September 11 attacks, the War in Afghanistan, the Iraq War, and the war on drugs) in the following decade. In the United States, the decade saw greater attention to multiculturalism compared to the 1980s, as well as the advance of alternative media. Music movements like grunge, Eurodance, and hip-hop became popular with young adults worldwide, aided by cable television and the Internet. The 1990s saw advances in technology, with the World Wide Web, the first gene therapy trial, and cloning all emerging and being improved upon throughout the decade.
A combination of factors led to a realignment and consolidation of economic and political power across the world, such as the continued mass mobilization of capital markets through neoliberalism, the end of the Cold War caused by the dissolution of the Soviet Union, the beginning of the widespread proliferation of new media such as the Internet, and increasing skepticism towards Government. Many countries were economically prosperous during the 1990s. High-income countries experienced steady economic growth throughout the majority of the decade during the Great Moderation. In contrast, the GDP of the countries of the former Soviet Union declined as their economies restructured. International trade increased with the passage of the North American Free Trade Agreement (NAFTA) in 1994 and forming of the World Trade Organization (WTO) in 1995, and the "dot-com frenzy" resulted in the dot-com bubble of 1997–2000 that brought great wealth to some entrepreneurs before its crash in 2000 and 2001.
New ethnic conflicts emerged in Africa (such as the Rwandan genocide), the Balkans (such as the Bosnian genocide), and the Caucasus (several wars in the Chechen–Russian conflict). Signs of any resolution of tensions between Israel and the Arab world remained elusive, despite the progress of the Oslo Accords. However, in Northern Ireland, The Troubles came to a standstill in 1998 with the Good Friday Agreement, following 30 years of violence.During this decade, the world population grew from 5.3 to 6.1 billion people. There were approximately 1.35 billion births and 525 million deaths.

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