-
Period: to
HITLER
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.
started a war and because of it the world bank exists german economy good. -
Period: to
Rise Of Communism
In Russia, efforts to build communism began after Tsar Nicholas II lost his power during the February Revolution, which started in 1917, and ended with the dissolution of the USSR in 1991. ... In 1922, the Communist Reds were victorious and formed the Soviet Union, making Russia communist. good for the soviet economy on paper, terrible idea -
Period: to
WW1
why did It Happen: The immediate cause for World War 1 was the assassination of the Archduke Franz Ferdinand of Austria and his pregnant wife Sophie. Archduke Franz Ferdinand of Austria was the nephew of Emperor Franz Josef and heir to the throne of Austria and Hungary.
World War I took the United States out of a recession into a 44-month economic boom. ... U.S. exports to Europe increased as those countries geared up for war. Later, U.S. spending increased as it prepared to enter the war itself -
Treaty of Versailles
The Treaty of Versailles was the most important of the peace treaties that brought World War I to an end. The Treaty ended the state of war between Germany and the Allied Powers. bad for germans economy, good for ours -
Period: to
Stalin
who: a soviet dictator who killed nearly 33 million people. he believed in collectivization and communism
economic globalization: negative. he stopped trade and the world connecting economically Stalin continued to force collectivization. He also continued to seize grain; resulting in a rise in grain collection from 10.8 million tons in 1928-9 to 22.8 million tons in 1931-2. This obviously improved standards of living in the towns. Stalin also continued to sell grain abroad. -
Period: to
The Great Depression
he Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s
terrible for the economy, it was in the shit hole -
Period: to
WW2
The Great Depression and The
Treaty of Versailles had been
especially hard for Germany, Hitler promised to fix those problems
and make Germans proud. He was elected into government in
1933 (after which, he dissolved
parliament and became a dictator) good for economic globalization -
bretton woods conference
Representatives of 44 countries
met in July 1944 Although WWII was not over,
delegates were trying to figure
out how they could prevent the
economic turmoil that could
lead to another world war The World Bank and the
International Monetary Fund
were developed -
Period: to
world bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. good for the economy,each country pitches in for peace.
The difference between the (IMF) and the World Bank lies in their purposes and functions. IMF oversees the stability of the world's monetary system, while the World Bank's goal is to end poverty by offering assistance to low-income countries. -
GATT
The purpose of the GATT was to eliminate harmful trade protectionism. Trade protectionism likely contributed to the 66% reduction of global trade during the. 3 The GATT helped restored economic health to the world after the devastation of the Depression and World War II. -
Period: to
IMF
The International Monetary Fund, or IMF, promotes international financial stability and monetary cooperation. It also facilitates international trade, promotes employment and sustainable economic growth, and helps to reduce global poverty. -
Period: to
WTO
The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations. increased global trading