effects of historical globalization

  • world war 1 begins in europe

    european empires controlled the lives of millions of people around the world and had control over the majority of wealth. the goal of all imperial powers was to protext and expand their colonies.
  • world war 1 ends

    at the end of world war 1 about 15 million soldiers and civilians were killed. the cost of the war was great on many countries, european cities,towns, roads, etc were destroyed and had to be fixed. many european governments borrowed money for the war from the United states and by the end of the war they owed over 7 billion dollars.
  • effects of the war on the Canadian economy

    by 1918 world war 1 was costing the canadian government more than 2.5 million dollars a day. after the war interest payments were costng canada 164 million dollarsplus 76 million dollars for soldiers pention.
  • world production of goods had lowered

    in 1919 world production of manufactured goods had dropped by more than 25 percent. after the war international trade was restricted by many countries while they were trying to rebuild.
  • russia being torn apart

    until 1922 russia was torn apart by civil war, leading to the breakdown of transportation systems, and food could not be shipped to cities.
  • great depression begins

    in 1929 many countries around the world experienced an economic boom. this was caused by stock market crash. this lead to low unemployment.
  • black tuesday

    black tuesday
    due to the great depression stocks began to go up and everyone they were going to sell their shares at profit, but on the new york stock exchange the share prices had started going down, and on black tuesday worried investors started selling their shares and stock prices shot down.
  • effects of the Great depression on Germany

    Germany was struggling to make payments to fix the damges made in world war 1, the same year Hitler was elected for leader, and promised to fix things. Hitler also concinced many Germans that they belonged to a master race that was entitled to rule other people.
  • Germany begins to push forces into countries

    German forces took over Rhineland,Austria, and Czechoslovakia, and on September 1st they invaded Poland. In response, Britain, France, Australia, New Zealand, and Canada declared war.
  • results of the war

    results of the war
    In Germany 3.5 million people died, in China estimates of the dead range range between 1.3 million and 10 million, and in the USSR, an estimated 7 to 9 million died.