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Collapse of the Soviet Union - Reasons and Consequencies

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The Soviet Union, established in 1922, became a superpower after World War 2 in 1945. Due to its influence, the Soviet Union soon established a Communist bloc that remained hostile to the US-led bloc. Both USA and USSR continuously clashed indirectly between 1945 and 1990. During this period, these superpowers avoided a full-fledged war but opposed each other in various conflicts through their proxies. The whole era is known for the ‘Cold War’ between the two superpowers. This situation ended in 1992 with the collapse of the USSR, after which the USA emerged as the sole superpower. The fall of the Soviet Union was not the result of a single cause but rather a combination of political, economic, and social factors that had accumulated over decades. The most  prominent reasons behind the collapse of the USSR are listed below. Reasons for the Fall of the Soviet Union Long-standing Cold War Against USA After World War 2 in 1945, the Soviet Union captured the entire Eastern Europe ...

Effects of the Collapse of the Soviet Union

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In 1992, USSR collapsed after the fall of the communist regime and the independence of several states from Asian and European parts of the USSR. The Soviet Union was a superpower before its dissolution. It is the reason that this collapse not only changed the political and economic condition in the areas directly related to USSR, but it impacted heavily on a global scale also. The following are notable long and short-term effects that appeared after the collapse of the Soviet Union.  End of the Cold War Soon after the end of World War 2 in 1945, USA and USSR emerged as two superpowers leading two opposite economic systems, capitalism and communism. Both countries tried to spread their respective economic system and influence in other parts of the world, resulting in hostility between the two superpowers. But both these superpowers had dangerous and lethal weapons (including nuclear weapons), and their direct conflict could have destroyed the whole world. Therefore, bot...