so my online ap teacher doesn’t grade my essays and i have no idea what kind of scores i’m going to get. help me figure out if/what i need to do differently to get a score of at least 7? </p>
prompt is: Analyze the development in global economy from 1914 to the present.</p>
<pre><code> Prior to 1914, the world was already connected economically. Since the 1400’s, the discovery of the Americas and sea routes to Asia impacted the economy as colonies provided resources and markets, the triangle trade grew, and Asian commodities like spices and tea established demand in Europe. With the introduction of the steam engine and factory equipment in the late 1800’s, global economy grew even more as mother countries drew on colonies for raw materials and inventions such as the steamship, automobile, and telephone made international communication and transportation even easier. While the world continued to emphasize global economy and trade from 1914 to the present, drastic events such as the World Wars and Great Depression, as well as new inventions such as TV, internet, and computers, “shrunk the world,” made foreign products more accessible, and gave way to the Americanization of the planet. However, other affairs slowed the development of the global economy, such as the communist movement and Cold War.
The two World Wars had a major impact on the establishment of America as a world economic power. While Europe, which before had remained the dominant region, was preoccupied with fighting, the United States, which in both wars didn’t enter until a few years into the fighting, took the opportunity to assert their own power. They loaned money and supplied goods to the warring countries and influenced smaller nations, especially those in Latin America, politically and economically. By WWI’s end, much of the world relied on the United States for money and support. For example, a vicious cycle occurred as France used money from German WWI reparations to pay back war loans from the United States, while Germany depended on loans from the United States to make the payments to France. When United States banks began pulling out of this cycle, Europe fell into a period of economic instability. The Great Depression, which originated in the United States, was also felt worldwide as the new economic interconnectedness caused recessions in colonial areas and Europe alike. Ultimately, the world wars increased globalization and showed that with a growing interconnected economy an economic problem confined to one nation expands across the world.
Another factor in the development in the global economy was new technology. The 20th century brought life-changing inventions in the form of computers, internet, and television. Suddenly, people could purchase products from anywhere in the world online and were exposed to commercials and foreign events through television. This, in turn, increased global interconnectedness and further tied national economies to one another. This is especially the case with America’s influence, as companies like McDonald’s and Nestle have a worldwide presence.
While the world was indeed growing closer, some countries’ embrace of communism affected the development of the global economy. The November Revolution in 1917 in the Soviet Union marked the beginning of a communist movement that spread throughout the world. Under communism, the USSR focused less on international trade and more on its internal situation. It also didn’t embrace consumer goods and high technology, emphasizing instead heavy machinery and industry. As other nations followed suit during the Cold War, communism slowed globalization in the nations that adopted it as citizens had less exposure to international affairs through internet and television, had less money to shell out for foreign goods, and were severely oppressed by their governments. Furthermore, as the United States placed embargoes on communist nations such as Cuba, this stunted the development of a completely global economy even more. Despite the change communism represents, it can also be viewed as a continuity, however. Throughout history, as activities of one country threatened the status of another country, tensions and conflicts ensued. The results of communism are simply another instance of this trend.
Overall, many things contributed to the development of the global economy, including the World Wars, Great Depression, new technology, and communism. As a result, foreign goods became more accessible, people have increased exposure to worldwide events, and the United States in particular has a major influence.
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