Post-1991 can be called ‘the Era of Multi polarity’.

Question

State whether the following statement are true or false with reasons. Post-1991 can be called ‘the Era of Multi polarity’. Select the correct answer from above options

Answer 1

This statement is True. After the collapse of the USSR, the USA remained the only superpower due to its military, technological and economic might. However, many regional or economic organizations such as OPEC, European Union, G-8, G-20, SAARC, ASEAN, African Union, BRICS, etc. also play a vital role in world politics and international relations.