1. After the end of World War II, nations met at the to create a new worldwide economic system
2. Taxes on imports that make goods from foreign nations more expensive are called
3. When a country's currency loses value, prices increase and happens
4. The IMF helps countries by providing that need to be paid back at some point in the
future.
5. The program initiated by Mao to solidify his power and crush his opponents was called the
6. In the
massacre, the Chinese government killed hundreds of students for protesting
and calling for democracy
7.
is the use of economic, political, and cultural pressures to control or influence other
countries.
Respond to the following based on your reading.
8. Why did world leaders and economic advisors want to create a more global, interconnected
economy?
9. Do you agree or disagree that the new global economic order, facilitated by institutions like the
IMF and the WTO, promoted neocolonialism? Provide evidence from the readings.

1.Bretton Woods Conference

2.tariffs

3.inflation

4.loans

5.Cultural Revolution

6.Tiananmen Square

7.neocolonialism

8.They believed that economic hardship was responsible for the world wars and the rise of fascist dictators. They believed that a more connected world would be more politically stable and that nations would not see one another as competitors.

9.Students may argue that neocolonialism does exist through the global economic order. By this reasoning, richer nations still interfere and control the affairs of smaller nations. Like in the case of colonialism, private corporations extract raw materials and exploit cheap labor in former colonies while individuals in richer nations keep the profits. On the other hand, students might point to the benefits that international trade has brought across the globe. By creating global institutions, richer nations are incentivized to invest in poorer nations for a return, which created jobs and infrastructure.

Explanation:

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