History of globalization. By Julieta_garces 1492 Columbus discovers America 1602 Foundation VOC 1765 Invention of steam engine 1807 Introduction of steamships 1825 Invention of the locomotive 1850 Invention of the electric telegraph 1914 WWI 1929 Great depression and wall street crash 1940 WWII 1944 Foundation of the world bank 1944 Foundation of the world bank 1945 United nations is formed 1960 First oil crisis 1975 United States abandons the gold standard 1979 First climate conference 1995 Foundation of the WTO 2001 U.S stock market plummets after 9/11 2002 Euro begins circulation 2003 Social network Facebook is invented by Mark Zuckerberg 2009 UN climate change conference