America's "New Economy"
"As the 1900's gave way to the new millennium, it became increasingly clear that a new era in American (and world) history had begun. The old era had been dominated by the Cold War struggle between the United States and the Soviet Union. The new era was defined by the rise of a new global economy...the ways in which the world's peoples lived, worked, and governed themselves. Global communication, trade, and capital flow all grew rapidly..." (Griffith, Baker 531). The United States rose to being the most powerful military supremacy nation in the world due to Rea…