Economic Globalization

By rowenr
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    WWI

    World War 1 was a war that was fought between many countries in Europe as well as the US, the Ottoman Empire, Japan and Russia. It effected economic globalization by being the centuries of colonization coming to a head, and led to the Treaty of Versailles.
  • Treaty of Versailles

    The Treaty of Versailles ended the war between Germany and the Allies. It effected economic globalization as it made Germany feel unfairly treated, which helped lead to WWII.
  • Stalin

    Joseph Stalin was the General Secretary of the Communist Party of the Soviet Union from 1922 until 1952. He effected globalization by being the face of the USSR and being used to portray communism in a lot of "red scare" era media.
  • Start of USSR

    This is the day Lenin overthrew the Russian government and started the Soviet Union. This effected economic globalization as it was the first major communist country, and led into the cold war starting in the 40s.
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    Great Depression

    The Great Depression was one of the worst economic crashes in history. It effected economic globalization by affecting the economy and leading straight into WWII, with fixing the economy being one of the things Hitler used to rise to power.
  • Hitler

    Adolf Hitler was the fascist leader of Germany from 1934 until his death in 1945. He affected globalization by being the main starter of WWII and wanting to take over the world, which caused people to steer away from colonization.
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    WWII

    World War 2 was a war between the Allies (UK, US, USSR) and the Axis (Germany, Italy, Japan). It effected globalization as it got people to be more connected and less nationalistic to try and avoid it happening again, which ended the age of colonization. It also was the end of the Great Depression.
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    Bretton Woods Conference

    This was a conference to discuss the how to progress financially following WWII. It's main impact on economic globalization was the creation of the World Bank, which helps countries that are struggling financially. It also created the IMF, which helps balance the world economy.
  • GATT/WTO

    The GATT was a trade agreement between countries that stayed in effect until January 1, 1995 when it was replaced by the World Trade Organization (WTO). It's purpose is to facilitate trade between countries, and has led to a far more interconnected world.