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The World Bank is an international financial institution that provide loans and grants to the governments of low-and middle income countries for the purpose of pursing capital projects.
It had a great positives impact on Economic Globalization because -
The Rise of Communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public.
However this was a negative effect on economic globational because not everyone agreed let alone had the money or resources for it.If you were not working you did not receive anything therefore causing deaths, and unemployment -
Who: World War ,also known as the Great War,began after the assassination of Franz Ferdinand of Austria.The war pitted Britain, France and Russia against Germany and Austria Hungary.
Economic Globalization: Was a negative effect because all the countries were borrowing money more specifically ( Europeans )After the war, interest payments on the countries war debt totaled 164 million dollars. Because of this income tax is around now -
The Treaty Of Versailles was the most important of peace treaties that brought WWl to an end.
The Treaty of Versailles was terribly negative for Germany and positive for everyone else.Because Germany had to pay back all the money from the world as well as give up some of their coloines. -
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. -
Who: Was a severe world wide economic depression that took place during the 1930s.
Economic Globalization: The Great Depression was a negative effect because it had caused drastic declines in output, serve unemployment. -
Who:Hitler was an Austrian born German politician who was a dictator of Germany
Economic Globalization: positive effect on economic globalization, he rebuilt Germany and because of him we now have the world bank. -
Who: A global war, it involved a vast majority of the worlds countries, including the great powers. Forming two military alliance;the allies and the axes.
Economic Globalization: negative effect; this is due to the fact that war cost money.Several countries were destroyed, that causing millions of dollars to repair. -
It was 44 countries getting together creating the World Bank and IMF
A positive effect on Economic Globalization because the World Bank was the best thing to happen to the economy. -
The IMF is an orgaixton of 190 countries, working to foster global monetary corporations. their goal is to secure financial stability, facilitate international trade, promote high employment and sustainable economic growth as well as reduce poverty in the world, leading them to be a positive impact in Economic Globalization.
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The USA donated two nuclear bombs on Japan cities ( Hiroshima And Nagasaki ) in WW2. The bombing killed between 129 000 adn 226,000 people.
The economic impact this had was extremely because it took away one of the biggest manufacturing in the world but also positive because it ended the war. -
The GATT Trade deals with global rules of trade between nations ensuring that global trade runs smoothly.
The World Trade Organization trade had a positive effect on Economic Globalization because interconnect the world with trade. -
This lasted 100 days when member of the Tutsi minority ethnic group as well as some moderate Hutus , were slaughtered by armed militias.
This had caused a massive age gap as well as started because of an economic problem the French had been dealing with. They insisted on putting in pipeline in Rwanda therefore causing the genocide. -
The World Organization Trade deals with global rules of trade between nations ensuring that global trade runs smoothly.
The World Trade Organization trade had a positive effect on Economic Globalization because interconnect the world with trade. -
The September 11 attacks, often referred to us al 9/11, were a series of four coordinated terrorist attacks against the USA.It was a massive negative economic impact because it limited trade for west and middle east countries afterwards.