The Conservative Resurgence marked a shift in American politics, with Ronald Reagan's presidency ushering in an era of limited government and free-market policies. This period saw the rise of the New Right, championing traditional values and a strong national defense stance. The Cold War's end reshaped global dynamics as the Soviet Union collapsed and communism fell in Eastern Europe. The U.S. emerged as the sole superpower, facing new challenges in a rapidly changing world order.