Note: The following questions are for the visually impaired students.
(a) The present world order is different from the cold war period. Justify
(b) Assess the implications of the US Hegemony economic terms on the world.
(a) During the cold war, the world was bipolar. There were two superpowers- US and USSR. The US had the ideology of capitalism and democracy, and the USSR had the ideology of communism and democracy. After the disintegration of USSR, The world shifted to a unipolar system. US hegemony was thus, established.
(b) The implications of the US Hegemony economic terms on the world are:
(i) Post the Second World War, the British naval army had collapsed. The US naval army had emerged to form hegemony.
(ii) The result of the US military research was the formation of the internet. This was a major step which succeeded. Most of the internet today is owned by the US.
(iii) The Us share in the world’s economy is 28%. It is basically present everywhere in some form or the other.
Couldn't generate an explanation.
Generated by AI. May contain inaccuracies — always verify with your textbook.

