-
first big war
first time countries borrowed from other countries -
workers fought for better wages and working conditions
led to communism -
result of russian revolution
brought back russias economy -
made germany pay for damage from WWI
caused WWII -
communist leader of russia
created collectives to increase military spending -
people borrowed to get into stock market, market crashed
lowered international trade, partially led to WWII -
hitler became dictator
caused WWII -
second big war
intertwined economies to stop another world war -
gave out big loans to countries
intertwined economies to create peace -
meeting to stop another world war
created IMF and WB -
similar to world bank but smaller
stabilised currency exchange rates, help rebuild small countries -
agreement to slowly open trade
made international trade more open -
new name for GATT
same thing