Economic Globalization

  • Period: to

    World War I

    • Many men have to be sent to war
    • Many jobs were focused on providing for the war
    • Lots of everyday items increased in price
  • Russian Revolution and Civil War

    Russian Revolution and Civil War
    • Food shortages caused uprisings -Not many people working because they are in the revolution
  • Treaty of Versailles

    • Factor that contributed to the end of WWI
    • Peace Treaty between Germany and the Allied Powers
  • Communist Party elected to Russia

    Communist Party elected to Russia
    • Start of the USSR
    • Lead to the downfall of many countries
  • Great Depression Begins

    Great Depression Begins
    • Loss of many jobs around America -Chrashed the economy in America for many years
  • World War II

    -Many workers forced to go to war
    -Factories specifically made to make weapons for war
  • Cold War starts

    -Contributed to the many launches of satellites between the U.S. and the USSR
    -Caused the production of many governmental devices
  • Invention of the shipping container

    -Able to save lots of time and labor by making the containers universal
    -Global production now used all around the world
  • Soviet Union launches first satellite

    -Soviet Union launched the first Satellite
    -Launched in the middle of the Cold War
    -Eventually led to the first man on the moon
  • Invention of the Internet

    -Provided a service so people around the world could interact as well as get information
    -Used all around the world today