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Was: The Rise of Communism was a revolution that occured in Russia that overthrew the Russian monarch and Russian became the communist Soviet Union. Economic: It was positive because it helped the Russian people with peace, land and Bread. It was negative for the economy because it stopped trading with other countries.
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Was: World War one was the bloodiest conflict in human history. It changed Modern warfare because machines like chemical weapons, machine guns, tanks and new war tactics were introduced. Economic: It was negative because it brought mass destruction to European towns and cities, which ended up with Germany paying $33 billion in damages.
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Was: The Treaty of Versailles was a treaty that was made against Germany for losing World War one.
Economic globalization: This was negative effect for Germany because they had to pay $33 billion and give up land. -
Who: Joseph Stalin was a Soviet dictator who believed in communism and collectivism. He killed nearly 33 million people and caused a famine. Economic: It was negative because he was a communist and didn't trade with other countries and he caused a famine. It was positive because he industrialize the USSR.
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Was: The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. It had a negative affect because there was massive unemployment rates (24.9%). Which to people being homeless, starving and parents selling kids.
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Who: Adolf Hitler was a German dictator who believed in fascism. He started World War II because of his appeasement policies by invading Poland on September 1st, 1939. He ordered the execution of 6 million Jewish people. Economic: Hitler was good for the economy because he tripled the use of Iron and oil and created a variety of jobs.
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Was: The deadliest conflict in human history that killed over 65 million people. It was started because of a German dictator named Adolf Hitler and his failed appeasement policies by invading Poland on September 1st, 1939. It ended because the USA dropped an atomic bomb on two Japanese cities. The first bomb was dropped on August 6th, 1945, the second on August 9th, 1945. The war ended on September 2nd, 1945.
Economic: It brought mass destruction to European cities which costed lots to rebuild -
World is a international financial institution that provides loans and aid to struggling countries. Economic: This good because it can tell a country if they are in debt. They can also give loans to struggling countries.
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The Bretton Woods conference that was to discuss and decide how to get the economy going after World War II. Economic: This was good for the economy because if it wasn’t for this conference the World could’ve gone into another “Great Depression”
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The International Monetary Fund is an organization of 190 countries working to foster global monetary cooperation. Economic: This is good because it’s facilitating the expansion and balanced growth of international trade.
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It was an agreement made on many countries. It was to eliminate Trade barriers such as Tarrifs Economic: This good for the economy because it was promoting international trade.
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What: The World Trade Organization was an organization that tracked what nations were trading. Economic: This was positive because it tracked what countries were trading which is good because you never know if countries are trading deadly arms/weapons.