-
Period: to
World War 1
World War 1 changed the world economically because war cost a lot of money. Especially Germany who had to pay a lot of money. -
Treaty of Verseill
Germany lost a lot of money because they were forced to pay billions of dollors. The rest of the world wasn't spending much money on war anymore so it helped most countries economically. -
Black tuesday
Was the main cause of the great depression. Markets crashed and a lot of people lost a lot of money. -
Period: to
The great depression
People become a lot more poor and lost a lot of money and it was a lot harder to pay for food, heat and a house. The market was way down. -
Period: to
World war 2
Again countries were spending a lot of money on war. It helped put an end to world war 2. Since all the men were gone lots of jobs that needed to get done didn't even though the woman helped. -
Period: to
Invention of the internet
The internet changed the world completly. Now we can make money online, buy things online and do almost anything online. Economically we would not be as well off today economically if it wasn't for the internet -
black monday (crash of 87)
Loss of a lot of money and jobs. Banks were affected very badly -
Period: to
WTO
Helped a lot with economic growth and developement. Also it helps developing countries because they look to trade to help their economic growth -
crash of 2008
The markets crashed again in 2008. Over 150000 people lost their jobs. Affected the amount of money people and companies were making but was not even close to as bad as the crash of 1929 or1987 -
9/11
After 9/11 the markets crashed, the airlines lost a lot of money because people were scared and there was a little bit of a recession after.