Economic Globalization Timeline

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    WW1

    WW1, Also called the First world war or the Great war. Ended the defeat of the central powers based in Germany, Russia, and Austria-Hungary. It was virtually Unprecedented In the slaughter, Carnage and destruction it caused.
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    The Rise of Communism.

    In its modern form. Communism Grew out of the Socialist movement occurring in 19th-century Europe. As the Industrial Revolution advanced, socialist critics blamed capitalism for the misery of the proletariat.
  • Treaty of Versailles

    Treaty of Versailles
    The Treaty Of Versailles Was a Peace Treaty signed on 28 June 1919 and the most important Treaty of WW1. It ended the war between Germany and the Higher enforcers.
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    Stalin

    Joseph Stalin was A political theorist And revolutionary who lead the Soviet union until His eventual demise in 1954. He held power as the general secretary of the communist party and enofrced goverment control.
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    The Great Depression

    The Great Depression was an economic shock That affected many countries. It was mainly caused by the downturn in stock prices and the rise of household goods.
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    Hitler

    Adolf Hiter was an Austrian Born German politician was a dictator who rose to power in early 1933. He would rule until early 1945.
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    WW2

    WW2 was a Global conflict that cause the majority of participating countries to Discard their economic health as the focus of the war.
  • Bretton Woods Conference

    The Bretton Woods Confrence, Formally known as The United Nations Monetary and Financial Conference. Was the gathering of 730 delegates and 44 allied nations To regualte financial order after WW2
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    World Bank

    The world bank is an international foundation that provides loans and grants to governments of low or middle-class countries for the purpose of proving funding for capital projects. (Larger funds)
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    International Monetary Fund

    The International Monetary Fund, Or IMF. Is the major financial agency of the United Nations. Togther, They work to achieve sustainable prosperity for all 190 member countries within its care.
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    GATT( General Agreement on Trades and Tariffs)

    The General Agreement on Trades and Tariffs Covers international trades in goods. The workings of the GATT agreement are the responsibility of the Council Trades In goods which is made up of WTO reps from all over the world
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    WTO ( World Trade Organization)

    The World Trade Organization Is A Intergovernmental Organization that regulates and facilitates international Trade. With effective cooperation In the united nations systems, Governments use the organization to establish, revise, and enforce the rules that govern international trade.