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WWI
The war started when Archduke Franz Ferdinand was assassinated. The war was against allies and centrals powers. After his assassination Austria-Hungary called war on Serbia and Chaos ensued. Since Austria attacked Serbia it drew in others countries like Russia leading to others countries joining in and caused problems. -
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Rise Of Communism
communism grew out of the socialist movement in 19th-century Europe. As the Industrial Revolution advanced, socialist critics blamed capitalism for the a new class of urban factory workers who labored under often-hazardous conditions. This ended when the Berlin Wall was torn down. -
Treaty of Versailles
This treaty was singed by Germany and Allied nations basically ending WW1. Some of the terms include; Germany pay financial reparation, disarm weapons, lose territory's and give up colonies overseas. -
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Stalin's Reign
Stalin consolidated power to become a dictator. During his reign he tried to ensue industrialization for Russia. His determination to expand the soviet union to eastern Europe caused the cold war. During his reign he killed many people and even sacrificed his own son. -
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The Great Depression
The great Depression was a time period of economic downfall. This lead to high unemployment rate, increase in homelessness, people not being paid and were barely able to survive. It first started in the united states then spread to nearly country in the world. -
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Hitlers Reign
Hitler was the leader of leader of the Nazis, Hitler pledged to restore prosperity and create civil order. In order to do that he killed many people and a specific collective group, this was the holocaust. During WW2 he turned Germany into a war state country and used vile methods to kill enemys. -
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WWII
WWII was a war that involved the vast majority of countries. Hitler strategically signed with world leaders and joined forces with them and fighting opposing powerful countries. Following, this conflict would take more lives and destroy more land and property. -
IMF
works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. -
World Bank Established
The world banks sole purpose is an international organization dedicated to providing financial aid and research to developing countries. -
Bretton Woods Conference
The Bretton Woods Conference was a gathering of 44 allied nations (including soviet union) after WWII to make financial arrangements for the postwar world after the expected defeat of Germany and Japan. It drew up the idea of the international bank and more. -
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GATT
GATT(General Agreements and Tariffs Trade) is a international agreement made by the world trade organization in 1944, that closed barriers to international trade by reducing Tariffs(Tax) -
W.T.O Established
The Worlds Trade Organization intent is to deal with the rules between trades. Its main purpose is to ensure that trade flows smoothly.