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WWI
First world war, caused postwar boom of the 1920s and devastated Germany's economy -
Rise of Communism
Started with the Russian Revolution in 1917 -
Treaty of Versailles
Treaty signed on the 28th of June 1919 ended the state of war between the Central Powers and Allied Powers. -
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Stalin
Stalin rose to power after being appointed by Lenin to the Bolshevik Party -
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Great Depression
The economic shock that affected most countries in the world caused by a major fall in stock prices in the United States. -
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Hitler
Hitler's rise to power started in 1934 when President Hindenburg died and Hitler became the Fuhrer of Germany. -
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WWII
The second World War started with Nazi Germany invading Poland and later on Japan bombing Pearl Harbour. Ended with the atomic bombing of Hiroshima and Nagasaki -
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IMF (International Monetary Fund)
Fosters global monetary cooperation between 189 member countries -
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World Bank
International Financial Institution that provides loans and grants to countries in the interest of pursuing capital projects. -
Bretton Woods Confrence
Created the IMF (International Monetary Fund) -
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GATT
GATT or General Agreement on Trades and Tariffs provided the rules for most of the world's trade -
Period: to
World Trade Organization
Intergovernmental Organization that regulates and facilitates international trade. Cooperates with the United Nations