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Who: The new economic and political model that got rid of class distinctions. it opposes capitalism.
Economic Globalization: Negative, communism doesn't help with trade. -
Who: Britain, France and Russia against Germany and Austria Hungary. 15 million soldiers were killed.
Economic Globalization: negative effect, loss of lives, economic downtrade, and destruction of cities.
M- militarism
A- alliances
I- imperialism
N- nationalism -
Who: Was the most important to the peace treaties and helped bring WWI to an end. They had to pay back all the damages in Britain, France, Russia and other countries. The treaty also gave up German colonies.
Economic Globalization: Both positive and negative, reduced the size of military, pay war reparations to allied countries, and accept guilt for war. -
Who: soviet dictator who killed nearly 33 million people. He believed in collectivization and communism.
Economic Globalization: negative effect, he supported economic globalization ai if communism stops trade. -
Who: A worldwide economic depression because of mass consumerism and overproduction.
Economic Globalization: Negative, humans were suffering, no one had money everyone was depressed. Severe unemployment and lots of countries in the world. -
Who: Austria-born German politician who was the dictator of Germany. Became a leader of the Nazi party, then became chancellor.
Economic Globalization: Both positive and negative. Positive, the Nazi rule were full employment and economic growth, and increased national prestige and pride. And the negative, persecution of minorities, economic growth focused on military, expansionism as a path to war lose and personal freedom. -
Who: Hitler took over Austria and Czechoslovakia, then invaded Poland, Britain and France declared a war. More than 50 countries were involved, more than 60 million died.
Economic Globalization: negative and positive effects, it assisted expansion for the U.S economy and help with rights. -
Who: from 44 countries they met to figure out how they could prevent economic turmoil that could lead to another war. They developed a world band and international monetary fund. The world bank were bigger loans and the international monetary fund were short term or ¨emergency¨ funds.
Economic Globalization: positive effect, it helps countries get back to a stable finance, help countries develop their natural resources and promote good governance and get rid of corruption. -
Who: A nominated European, Funded by member countries, countries that contribute more money have more votes. They were short-term loans or for "EMERGENCY" purposes.
Economic Globalization: Positive, it helps with international economic stability and promote foreign trade to make sure everyone had what they needed. -
Who: Owned by the governments of it´s members, which provide funds. Under control of the UN. And helps to govern international trade and finance.
Economic Globalization: Positive, it gives loans to countries that are torn and need to be rebuilt. These are long term loans. Also helps countries develop their natural resources. -
Who: GATT is a legal agreement between many countries, who help promote international trade by reducing or eliminating trade barriers such as tariffs and quotas.
Economic Gloabalization: positive effect, GATT helps boost trade between countries, more and more countries saw benefits and decided to join. it also reduces the likelihood of war, if your economy depends on another country they you can just trade instead of fighting for what you want. -
Who: An organization that regulates and facilitates international trade between nations.
Economic Globalization: Positive, it helps all countries get goods and resources. It's main focus is to ensure that trade flows as smoothly as possible and as freely as possible.