What event caused the global shift away from state control of the economy some twenty years ago?
A)The rise to power of Ronald Reagan and Margaret Thatcher
B)The end of communism in Europe
C)The resurgence of terrorist action against western powers
D)The election of left-leaning leaders in South America

Question

Quizplus · Accepted Answer

The end of communism in Europe, particularly marked by the fall of the Berlin Wall in 1989 and the dissolution of the Soviet Union in 1991, led to a global shift away from state-controlled economies towards market-oriented reforms.

What Event Caused the Global Shift Away from State Control