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World War 1
WWI was the first ever war. This war was all over the place and many people died. Since it was the first war nobody really knew what to do and it was just chaos, up until 1918 -
The Rise of Communism
The Rise of Communism, or The Russian Revolution -
Treaty of Versallies
The Treaty of Versailles formally ended WWI. The terms of the treaty required Germany to pay financial reparations, and loose territory -
Stalin
Stalin started off as the secretary of the communist Party. After a little while he led the Union all the way until he died, in 1953 -
The Great Depression
The great depression was a major fall in the economy. This happened because Tariffs were put on everything making stock prices rise, up until 1939 -
Hitler
Hitler was a German politician rose to power, as leader of the Nazi Party, he was also the one to initiate WWII, and the reason of the Holocaust. He ruled up until 1945 -
World Trade Orginization
The WTO is an organization that regulates facilities international trade. They also enforce rules, and they also deal with the global rules of trade. The WTO still goes on today -
International Monetary Fund
The IMF is an organization consisting of 189 countries that fosters global monetary cooperation, and to secure financial stability. The IMF still goes on today -
World War 2
WWII was the second world war. This war included a vast amount of countries rebelling against each other. This war was initiated by Hitler. This war lasted until 1945 -
World Bank
The world bank is an international financial institution that provides loans and grant to countries in need. The world bank started after WWII, to help rebuild other countries. The World bank is still active today -
Bretton Woods Conference
An IMF system that was forged by delegates from 44 nations. They all met to discuss an agree on rules that needed to be set post WWII -
General Agreement on Trades and Tariffs
The GATT is a legal agreement between many countries, whose overall purpose was to promote international trade, by reducing trade barriers. GATT still goes on today