HIST 106 Lecture Notes - Lecture 12: International Monetary Fund, World Trade Organization, Berlin Wall

• School: Simon Fraser University
• Department: History
• Course: HIST 106
• Professor: Ilya Vinkovetsky

Document Summary

In 1971 the us let go of the gold standard and allowed the value of the dollar to range freely. Industrial jobs were moved to post colonial nations: financial and service employment leaped ahead in the west, goods manufactured in one country, but designed in another. Ideas: these ideas made events (such as protests) much larger than they had been in the past. Internet, phones and computers made it easier to exchange ideas. It also brought light to some issues that would have been otherwise overlooked due to the isolation of them. People: with people migration to different areas the labour force has changed, this has also created new blends of music, food, language and pop culture, drugs were traded and sold in countries that were poor. They turned a blind eye because it helped stimulate the economy. Demographics and global health: world population grew rapidly between 1800-middle of 20th.