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About: 2000s     Goto   Sponge   NotDistinct   Permalink

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The 2000s (pronounced "two-thousands"; shortened to the '00s and known as the aughts or noughties) was a decade that began on January 1, 2000, and ended on December 31, 2009. The early part of the decade saw the long predicted breakthrough of economic giants in Asia, like India and China, which had double-digit growth during nearly the whole decade. It is also benefited from an economic boom, which saw the two most populous countries becoming an increasingly dominant economic force. The rapid catching-up of emerging economies with developed countries sparked some protectionist tensions during the period and was partly responsible for an increase in energy and food prices at the end of the decade. The economic developments in the latter third of the decade were dominated by a worldwide econ