Saturday, April 7, 2007
Since, 1989, the
collapse of communism has fuelled globalisation. It is because the communist countries in Eastern Europe and the former USSR which were known as the second world provided a critical alternative to the capitalist system. Due to their large number, they were able to carry out businesses and trade on their own. However, today there are fewer countries that have a strict communist economy. Even China, the largest of the remaining nations with a Communist government, now has a market economy.
Zhan Quan 2C
Labels: down to communism