Treaty on the Creation of the USSR on 30 December 1922 by a conference of delegations from the Russian SFSR, the Transcaucasian SFSR, the Ukrainian SSR and the Byelorussian SSR. The Treaty and the Declaration were confirmed by the 1st Congress of Soviets of the USSR and signed by heads of delegations Mikhail Kalinin, Mikhail Tskhakaya, Mikhail Frunze and Grigory Petrovsky, Aleksandr Chervyakov respectively on December 30, 1922. The treaty provided flexibility to admit new members. Therefore, by 1940 the Soviet Union grew from the founding four republics to 15 republics. On 8 December 1991, Russian, Ukrainian and Belarusian Presidents signed the Belavezha Accords. The agreement declared
History of the United States (1980–1991) late 1980s. When the 1990 oil price shock hit in mid-1990, consumer spending contracted and the economy entered recession. Unlike the early 1980s recession, the recession beginning in 1990 was relatively mild. Some of the hardest hit cities were in California and the Northeast, while much of the South was less affected. History of the United States (1980–1991) The history of the United States from 1980 until 1991 includes the last year of the Jimmy Carter presidency, eight years of the Ronald Reagan administration, and the first three years of the George H. W. Bush presidency, up to the collapse