the international spread of the great depression
the international spread of the great depression
The international spread of the Great Depression
The increasing connectivity of world economies during the 20th century was exemplified by events such as the establishment of the Bretton Woods system in 1944, which created a framework for international monetary cooperation. The rise of multinational corporations and advancements in communication and transportation technology facilitated global trade, making markets more interdependent. Additionally, the formation of organizations like the World Trade Organization (WTO) in 1995 further promoted economic integration and reduced trade barriers among nations. These developments collectively illustrate the growing interlinkage of global economies throughout the century.
Europe started to develop economies based slavery in the late 15th century.
No. Slavery tended to prevent the South from using the new industrialized economies of that period.
No. Slavery tended to prevent the South from using the new industrialized economies of that period.
No. Slavery tended to prevent the South from using the new industrialized economies of that period.
Answer this question… They were much less efficient at producing goods than Western free market economies.
During the 19th century imperialism, the economies of colonies were often transformed from subsistence economies to economies based on cash crops and raw material production. Colonizers prioritized the extraction of resources like rubber, cotton, and minerals for export, which disrupted traditional agricultural practices. This shift aimed to integrate colonies into global markets, often leading to economic dependency and altering local livelihoods. Consequently, local populations frequently faced exploitation and significant socio-economic challenges.
Child labor was a problem in the U.S. and Britain in the 19th century but was legally abolished early in the 20th century. It is still a problem in developing economies.
Child labor was a problem in the U.S. and Britain in the 19th century but was legally abolished early in the 20th century. It is still a problem in developing economies.
Their economies remained rooted in agriculture.