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When:1914-1918
What: First world war hit Europe affecting most of Europe
economic globalization: created income tax and left Europe 33billion in debt -
When:1919
What: German reparations to be paid to Europe and America
economic globalization: Left Germany in crippling debt -
When:1914-1922
What: Overthroughing of the zar and instilling of a new government in Russia
economic globalization:Created the economic powerhouse of the soviet union -
When:1929-1938ish
What: economic crippling of the entire world and a major stock crash
economic globalization: Criupped entire economies and instilled the thought of a national banking system -
When:1929-1953
What: Stalin takes power in Russian government and gets Russia industrialized
economic globalization: Russia gets industrialized and causes the death of over 30million people due to starvation -
When:1933-1945
What: Hitler takes control of the government, begins the holocaust, and instilled the nazi party
economic globalization: Instilles new system of power in Germany, stopped paying treaty until 1945, killed millions -
When:1939-1945
What: World war breaks out, millions are killed, and 50 countries involved
economic globalization: Crippled many economies, and caused much death in Europe. -
When:1944
What:44 countries meet and discuss IMF and World bank to prevent another world way
economic globalization:Introduced the idea of international banking and and many other systems still in use -
when:1944-now
what: Created dependable trade rates for currencies and provides economic stability
economic globalization: Created dependable exchange rates and continued to deepen globalization within the world. -
When:1944-now
What: Established world banking system that all countries use
economic globalization:Invention of an international banking system -
When:1947-1995
What: International trade agreement between companies
economic globalization: Globalized trade through out the world -
when:1995-now
what: Finaized the world trade agreements and included more countries into the system to endure trade flows smoothly
economic globalization:Finalized trade agreements through the world and helped with clobalization