Capitalism and Workers, Part VII. After the First World War finished and some geopolitical realignment had happened. Bit by bit industrialized countries from Europe began to recover their economies, t

José Alberto

Capitalism and Workers, Part VII. After the First World War finished and some geopolitical realignment had happened. Bit by bit industrialized countries from Europe began to recover their economies, the United States became the main economy in the world and emerging countries accelerated their economic growth based their exportations. That economic conditions were the prelude to the economic globalization that currently we have. For 1925, the world economy maintained a consistent grown and capitalists had diversify their investments. However, the capitalist world confronted their first obstacle, the Great Depression. The origins of the Great Depression were different but the first economic effects happened in the United States and quickly were disseminated to the rest of the world. To 1930, the Great Depression had converted in a global economic crisis and all countries with economic relationship had been affected. In that moment, to minimize their capital losses, the capitalists quickly transferred their economic losses to the workers and they were the main affected with the crisis. Bit by bit, the world economy began to recovery their dynamism and capitalists began to seek news economic areas to invest their capital. Interestingly, some emerging countries noticed that their model based in exportations was very susceptible to crisis in other countries and they changed the model, their implemented a model based in the substitution of importations. Is interesting to note, that the unique country that not was affected by the Great Depression was the nascent Soviet Union. After the First World War had finished, the idealists who governed Soviet Union began a reconstruction based in an economic model different to the rest of the world, the socialist. When a lot of people known that Soviet Union wasn’t affected by the crisis, they made too much sympathy with the socialist. Saludos desde México.

Mar 30, 2015 7:29 AM

Corrections · 4

Capitalism and Workers, Part VII.

After the First World War finished and some geopolitical realignment occurredhad happened. Bit by bit industrialized countries from Europe began to recover their economies, the United States became the main economy in the world and emerging countries accelerated their economic growth based on their exports. Those economic conditions were the prelude to the economic globalization that currently we have.

By 1925, the world economy maintained a consistent growth and capitalists had to diversify their investments. However, the capitalist world confronted their first obstacle, the Great Depression. The origins of the Great Depression were different but the first economic effects happened in the United States and quickly were disseminated to the rest of around the world. By 1930, the Great Depression had converted into a global economic crisis and all countries with an economic relationship had been affected.

In that moment, to minimize their capital losses, the capitalists quickly transferred their economic losses to the workers and they were the main affected with the crisis. Bit by bit, the world economy began to recover its dynamism and capitalists began to seek news economic areas to invest their capital. Interestingly, some emerging countries noticed that their model based on exports was very susceptible to crisis in other countries and they changed the model, they implemented a model based on the substitution of imports.

It is interesting to note, that the only country that not was affected by the Great Depression was the nascent Soviet Union. After the First World War had finished, the idealists who governed the Soviet Union began a reconstruction based on an economic model different to the rest of the world, the socialist. When a lot of people realized that the Soviet Union wasn’t affected by the crisis, they showed sympathy towards the socialists.

Saludos desde México.

March 30, 2015

Capitalism and Workers, Part VII.

After the First World War finished and some geopolitical realignment had happened. Bit by bit industrialized countries from Europe began to recover their economies, the United States became the main economy in the world and emerging countries accelerated their economic growth based on their exports exportations. That Those economic conditions were the prelude to the economic globalization that we have currently we have.

For By 1925, the world economy maintained a consistent growth grown and capitalists had to diversify their investments. However, the capitalist world confronted their first obstacle, the Great Depression. The origins of the Great Depression were different but the first economic effects happened in the United States and quickly were disseminated to the rest of the world. To By 1930, the Great Depression had converted into in a global economic crisis and all countries with economic relationship had been affected.

In that moment, to minimize their capital losses, the capitalists quickly transferred their economic losses to the workers and they were the most main affected by with the crisis. Bit by bit, the world economy began to recover recovery their dynamism and capitalists began to seek news economic areas to invest their capital. Interestingly, some emerging countries noticed that their model based on exports in exportations was very susceptible to crisis in other countries and they changed the model, their they implemented a model based in on the substitution of imports importations.

It Is interesting to note, that the only unique country that not was affected by the Great Depression was the nascent Soviet Union. After the First World War had finished, the idealists who governed Soviet Union began a reconstruction based in on an economic model different to the rest of the world, the socialist. When a lot of people knew / realised known that the Soviet Union wasn’t affected by the crisis, they made too much sympathy with the socialist. (Sorry I can't understand your meaning with this last phrase)

Saludos desde México.