ecmondon globsajb IZATION

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    adolf hitler

    adolf hitler was the dictator of germany for 6 years during the second world war and was the man who started the holocaust this affected economic globalization because he was the one in control of germany which means he makes the calls for what he blows up and destroys.This would cause positive and negative economic globalization because wars create jobs and can also destroy jobs,lives ECT.
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    Rise of communism

    the rise of communism was started by the union of soviet socialist republicans.The ussr was the worlds first communist state. This also got rid of social classes and made everyone equal this caused a negative affect on economic globalization because it prevented trade and made it so there wasn't levels of status therefore no one could make lots of money and buy things whihc would lead to an economy
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    WW1

    WW1 pitted france britain and russia against germany and austria hungary.15 million soldiers died.
    WW1 was against and for economic globalization because it causes massive damage costs but also promoted trade and sales in ammunition and weaponry.
  • treaty of versailles

    after ww1 the french savoured their revenge and the defeated Germans signed the peace treaty.The economic globalisation was positive for the us but negative for Germany because the us got paid and Germany had to pay them.
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    stalin

    Stalin was a military dictator that killed 30 million people and also introduced communism. economic globalisation was negatively affected by Stalin because communism doesn't allow trade
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    the great depression

    mass consumerism dept and stock market crashes which lead to big loans from countrys but then those countrys couldn't pay the loans back and then they fell victim to the great depression.this caused a negative affect on economic globalizaion because most countrys were broke and most people couldn't buy things
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    world war 2

    what is world war 2.World war 2 was a global war that lasted 6 years and was caused by germany when the dictator hitler started invading to many countries.When hitler started to invade poland Britain and france declared a war on germany and alliances started to form.
    this caused negative and positive affects on economic globalization because the war created jobs and also destroyed them and caused trade between alliances
  • bretton woods

    the bretton woods conference was a meeting comprised of 44 representatives from different countries.they were trying to figure out how they could prevent economic turmoil that could lead to another world war.
    this caused a positive affect on economic globalization because it prevents possible wars that could lead to certain countries economies crashing and promote a sturdy economy
  • creation of the world bank

    the world bank is an international organization dedicated to providing financial advice. and research developing nations to aid their economic advancements. the bank predominately acts as an organization that aids attempts to fight poverty by offering developmental assistance to middle and low income contries.It is still operating till this day
  • internaional monetary fund

    the IMF is a organisation of 190 countries working to foster the global monetary globalisation.The IMF has a positive affect on economic globalision because it promotes groth between counties
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    general agreement on trades and tariffs

    the GATT is a legal agreement by many countries,whose purpose what to promote international trade by getting rid of trade barriers such as tariffs.This was positive towards economic globalisation because it allowed trade to be more easy
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    world trade organizaion

    the WTO is a legal agreement by many countries,whose purpose what to promote international trade by getting rid of trade barriers such as tariffs.This was positive towards economic globalisation because it allowed trade to be more easy