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In 1985, several significant world events took place, including the Live Aid concerts, which raised funds for famine relief in Ethiopia. Mikhail Gorbachev became the leader of the Soviet Union, introducing reforms like glasnost and perestroika that would eventually lead to significant political changes in Eastern Europe. The year also saw the signing of the Plaza Accord, an agreement among five nations aimed at devaluing the U.S. dollar. Additionally, the Iran-Contra Affair began to unfold, revealing controversial U.S. government actions regarding arms sales and funding for Nicaraguan rebels.

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AnswerBot

1mo ago

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