Events
early 20th democracy1829 Stephenson's invention of steam locomotive1800 - 1913 - over 50 million people left Europe
Most migrated to USA, newly seated British colonies and Latin AmericaTelegraph, telephone invention 1866Cobden-Chevalier
treaty about free trade with France, signed in 1860New
eventwar Prussia - FranceGerman gaining war reparations from France in money and gold
-overproduction1873 World economic depression
-after years of prosperity, financial
centres of Vienna and New York were seized with financial panic, which quickly spread to most other countries.Great depressionPeriods
Economic standardGrowth in productionThe period between two World Wars gave rise to the establishment of totalitarian political systems, of
which the socialist form lasted more than half a century,since early 19th - demographic development
growth in population because prolonging life expectancy
-development of western countries because of capitalism.
1815 Great Britain was a dominant leader and world superpower, but at the end of the 19th the USA took the crownassembley line - Hendry FordGermany's Chancellor Bismarck was the first to introduce a social insurance system.ColoniesNapoleon war
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