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False. Both the new century and the new millennium began on 1 Jan 2001. The reason is: there was no year 0 (zero); therefore, the 100th and final year of the the First Century was year 100. Following that, 200 was the final year of the Second Century, 300 was the final year of the Third Century, and so on. 1000 was the final year of the millennium. Many people want to simplify the accounting and put 2000 with the new century and millennium because it starts with a "2," and nothing important is harmed by this error, but it is an error.

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