Geography Reference
In-Depth Information
formed the dominant face of this epoch. Politically, the post-war boom
witnessed the life-or-death struggle between the Pax Americana and its
Soviet counterpart through the threat of instant mutual nuclear annihilation.
Western transnational corporations extended their tentacles through the
developing world, di
erentially incorporating places into a neocolonial world
economy with mixed economic and social e
ff
ects. Containerization and other
improvements reduced transportation costs to a small fraction of the cost of
most goods, making this dimension increasingly irrelevant to the location
decisions of
ff
firms. Rapid travel through the skies or over the highways
became the norm for the vast middle classes. The result of this concatenated
series of transformations was a world of unprecedented wealth, mobility, and
scienti
fi
fi
c acumen utterly di
ff
erent from the one that gave birth to it a century
and half earlier.
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