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The union of Soviet Socialist Republics emerged out of former Russia. The USSR was the world, first Communist state. Communism is the new economic and political model that was to get rid of class distinctions.
Negative impact; it's because The Rise of Communism did not allow trade, and Stalin set up production schedules for farms and industries and thousands of peasants were forced to work in factories. -
World War I was a global war originating in Europe and is also known as "The Great War"
Both positive and negative impact in economic globalization; it's positive because unemployed workers increased and factories gets more money because the soldiers gets more money for the soldier's use in war. It's also negative because many people died, left European countries deep in debt and making the U.S. the leading industrial power. -
The Treaty of Versailles was the most important of the peace treaties that brought World War I to an end. This Treaty ended the state of war between Germany and the Allied Powers.
Negative impact in economic globalization; they have to pay for restoration and gave up the colonies. -
Who: Soviet dictator who killed nearly 33 million people. He believed in Collectivization and communism.
economic globalization: negative effect, he stopped economic globalization as it communism stops trade. -
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. This varied across the world; in most countries
This had a negative impact on economic globalization, because stocks began to go down, worried investors sold their stocks that created a panic. The U.S started experiencing a downturn, it's called a back loans. -
Adolf Hitler was an Austrian-born German politician who was the dictator of Germany from 1933 to 1945. He rose to power as the leader of the Nazi Party,
Positive impact in economic globalization because he increased trade for a lot of countries. -
It was a global war, tha involved vast majority of the world"s countries including all the great powers forming two millitary alliances: The Allies and The Axis.
It's both negative and positive impact in economic globalization. It's positive because this war motivated nations to become independent nations. It's negative because it was seen in a lot of accidents and injuries. Also it led nations to go bankrupt, and the destructive atomic powers got developed like atom bomb. -
It was formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations.
Positive impact; they have an important role to play in making globalization work better. They help and sustain the benefits of global integration, by the idea of promoting international economic cooperation. -
An international organization that promotes global economic growth and financial stability, encourages international trade and reduces poverty.
Positive impact in economic globalization, because it ensures the stability of the international financial system, it also helps individual countries take advantage of the investment opportunities. -
Owned by the governments of its members, which provide its funds. It provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
Negative impact; has a huge amount of loans, and also cause countries to take on debt that they must pay interest on. Although it can also have a positive impact; they want to increase growth and reduce poverty in developing countries, and fund infrastructure projects. -
An organization that regulates and facilitates international trade between nations in the world.
Positive impact; regulating the contracting parties to achieve the purpose which were reducing tariffs and other barriers, and to achieve liberalization. -
An organization that regulates and facilitates international trade between nations in the world. (more countries)
Positive impact; we get the resources we want due to trading. We trade the things other countries need and get something in return. This is why it's still going on right now because it has a positive impact in economic globalization.