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World War one
This is connected to economical globalization becuase this was the first world war and billions of dollars wear put into this war which was taken out of the economy, -
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Cilvil War
This event conects to to economical globalization becuase during this team the economy on russia was changing between Free market economy to communism economy -
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Great Depression in Canada
This event connects to economical globalization becuase 26.6 per cent of canadiens were out of work which had a huge negative impact on canada's economy and the export went down 50 percent which was also bad for canada and ther countries economy. -
Communist Russia
This connects to economic globalization becuase a new economic model was developed to get rid of class distinction -
World War 2
This event connects to economical globalization becuae at this time most countries were spending a lot of there monet on the war to protect themselves. -
General Agreement on Tariffs and Trade (GATT)
This is connected to economical globalization becuase this is when trade rules were put into place to protect the economy's -
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Changing national economies
During this time 8 percent of the world's econmy was capitalist that why this is connected to economical globalization -
North American Free Trade Agreement (NAFTA)
This connects to economical glibalization because this changed the trade in North America which changed the economy's esspecially helped mexico's economy develop. -
The European Union (EU)
This connects to economical globalization becuase it made trade more easy in europe and made one large market in europe whicheffected each countries economy. -
Talisman Energy
This is connected to economical globalization becuase oil had a big part in canada's economy and this was canada's largest oil producer -
E-Commerce
This event is connected to economical globalization becuase this was a new way to buy things or trade a lot faster and becuase of contaneralization the good that were bought online were were traded and get to the comsumer quickly. -
Kyoto Protocol
This is conected to economical globalization becuase this was to help sav the enviroment and to do this it would cost the economy esspecially in canada becuse of the oil fields. -
World Trade Organization (WTO)
Thhis connects to economical globaliztion becuase it increased international trade which increased world economical growth
