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In the war, 20mil people died and many economies were affected with a total cost of 33 billion. along with crippling Germany
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The treaty ended WW1 and was intended to cripple Germany by forcing them to pay $33 billion and get rid of their colonies. This led to WW2 later on. -
The Russian Revolution was primarily caused by widespread corruption and inefficiency within the czarist imperial government, growing discontent among peasants, workers, and soldiers, the monarchy's level of control over the Russian Church, and the disintegration of the Imperial Russian Army during World War I. -
He mass-industrialized Russia while also turning it into one of the world's superpowers. Although, 33 million died under his leadership.
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In the great depression, consumer spending went up, the stock market crashed, and the USA started collecting debt from other countries along with putting tariffs on trade. This all accumulated in a mass panic that spiraled the economy of the world towards a massive recession. -
He started WW2 and killed 10 to 26 million people along with bringing back Germany from their economic depression
and by causing the war harmed the global economy. -
it leads to the death of 72 million people along with every major economy being affected which led to the creation of economic globalization.
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The Bretton Woods Conference was a gathering of delegates from 44 nations that gathered in Bretton Woods, New Hampshire, to agree on a set of new rules for the post-World War II international monetary system, or simply stated The World Bank Group. -
the IMF is an organization that promotes global financial stability, economic growth, and international trade. The IMF helps member countries facing an economic crisis by offering loans, technical assistance, and surveillance of economic policies. -
The World Bank supports investments in countries that need support for long-term growth and that help the needs of their citizens. It also works to develop markets, institutions, and economies that are stable, equitable, and efficient. -
4 Developed countries agreed to eliminate tariffs on imports from developing capitalist countries to boost those economies. Lower tariffs had benefits for developed countries, as well. As the GATT increased the number of middle-class consumers throughout the world, there was an increased demand for trade with developed countries. -
By lowering trade barriers through negotiations among member governments, the WTO's system also breaks down other barriers between peoples and trading economies.