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The Modern Era (Part II) covers the late 19th to mid-20th century, marked by industrialization, global conflicts, and ideological revolutions.
This period shaped modern political, economic, and social structures, influencing how nations interact today. Understanding these events helps us comprehend modern policies and international relations.
Key Ideologies and Political Movements
Ideology
Key Figures
Key Beliefs
Impact
Communism
Karl Marx, Mao Zedong
Collective ownership, classless society
Led to revolutions in Russia (1917) and China (1949)
Socialism
Various leaders
Redistribution of wealth for equality
Inspired social policies in Europe and beyond
Capitalism
Adam Smith
Free markets, minimal government interference
Encouraged industrialization and economic growth
Nationalism
Various leaders
Pride in one's nation, self-determination
Led to independence movements and global conflicts
Understanding these events provides insight into today's political and social structures, showing how past conflicts and ideologies continue to influence the modern world.