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What: It is the new economic and political model that got rid of class distinctions.
Economic Globalization: It was negative, because it did not allow trade, and Stalin schedules for farms and Industries. Also thousands of peasants were forced to work in factories. -
What: The great world war, it began after the assassination of Archduke Franz Ferdinand of Austria. His murder launched into a war across Europe.
Economic Globalization: It's both a positive and negative affect, it's positive because the soldiers needed more weapons and it was good for the factories. It was also negative because many civilians died. -
What: It was a peace treaty that ended World War 1. The war between Germany and Victorious allies.
Economic Globalization: Negative, because they had to pay restoration and pay the colonies. -
Who: He was a Soviet dictator, and he nearly killed 33 million people. He believe in Collective and communism.
Economic globalization: negative effect, he stopped economic globalization as it communism stops trade. -
What: It was the worst economic downturn in the history of the industrialized. This started when the stock market crash, it then sent Wall Street into a panic and wiped out million of investors.
Economic Globalization: It had a negative affect, The Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the World. -
Who: He was the Leader of Germany's Nazi Party, he was a well known dictator and one of the most powerful men.
Economic Globalization: it had a positive affect, because he increased trade for a lot of countries. -
What: The Great Depression and Treaty of Versailles. HItler's invasion of Poland in September 1939 drove Great Britain and France to declare war on Germany.
Economic Globalization: It's in the middle, it has a positive effects because 17 million new civilians jobs were created. -
What: It was the gathering of 730 delegates from all 44 Allied nations.
Economic Globalization: It had a positive affect, because they help restore and sustain the benefits of global integration, by promoting international economic cooperation. -
What: It is an international financial institution that provides low interest loans or grant to the poorest member countries. The bank attempts to fight poverty by offering developmental assistance.
Economic Globalization: It's a positive affect because, it helps countries get more resources and developed country markets. -
What: It's an international financial institution, consisting of 190 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Economic Globalization: It has a negative affect by helping countries take advantage of the investment opportunities offered by international capital markets. -
What: Legal agreement between many countries, by eliminating or reducing quotas they agreed to minimize barriers to international trade.
Economic Globalization: positive effects, it boost economic recovery after World War 2 through reconstruction and liberalizing global trade. -
What: A World Trade organized by a intergovernmental organization that controls international trade between nations.
Economic Globalization: It was a positive affect because the other countries that didn't have resources were able to trade to get the resources they didn't have.