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What 20th century events led to Economic Globalization?

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What 20th century events led to Economic Globalization?

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The spread of trade, transportation, and communication systems around the world in the interests of promoting worldwide commerce.

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because the government owned farming industry's and the means of production, they where able to contribute a large part of their economy into their military and industry. This rapid growth in Military and industrial change led to Economic globalization

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the payout to America from European countries that owed America, for a total of 7 billion money

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The war caused a significant increase in Demand for military supplies like Weapons, food, medical supplies and other equipment. This lead to countries working together which paved the way to Economic Globalization

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production of manufactured goods was cut by 25% for military purposes.

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After the war employment in Canada rose by 50% and women started working jobs to fill in for the people at war

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the new york stock market crashed which led to thousands of people losing their money, because of this people couldnt buy consumer products and companies had to lay off workers which led to mass unemployment. The great depression also introduced tariffs in hopes to gain money