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NAME OF THE STUDENT: AAYUSHMAAN MALLIK
AAYUSHMAAN MALLIK, ABHINANDITA MAZUMDAR, ABHINAV BOSE,

MEMBERS OF THE TEAM: ARATRIKA MAZUMDAR, BIANCA BAGCHI, DARSHANA GHOSH, DEVAYUSH
GHADAI
CLASS: X SEC: B DATE OF SUBMISSION:
10.11.24
TOPICS OF INTER-DISCIPLINARY PROJECT: GLOBALISATION,
MAKING OF A GLOBAL WORLD, LIFELINES OF NATIONAL
ECONOMY
TITLE OF THE PROJECT: EMERGENCE OF A GLOBAL WORLD
OBJECTIVES: OUR OBJECTIVE IS TO EXPLORE THE RISE OF GLOBALIZATION FROM THE
GREAT DEPRESSION IN THE LATE 1920S TO THE POST-WORLD WAR II ERA, EXAMINING THE
ROLES OF INTERNATIONAL INSTITUTIONS AND TRADE, AND ALSO TO EXPLORE THE ROLE OF
AIRWAYS AND WATERWAYS IN THIS PROCESS.
THE GREAT DEPRESSION
CAUSES
1. The Stock market crash of
U.S.A on October 24, 1929.
2. Overproduction of
agricultural goods by
farmers.
3. Withdrawal of U.S loans.
4. U.S doubling import duties.
CONSEQUENCES
1. Farm distress.
2. Households were
ruined.
3. Businesses collapsed.
4. Huge unemployment.
Bretton Woods Institutions: Shaping
the Post-War Global Economy
The Bretton Woods institutions—the International
Monetary Fund (IMF) and the World Bank—were
established in 1944 to stabilize the global economy
after World War II. Their primary impacts in the
post-war period include:
• Economic Stability: IMF provided short-term
loans for currency stability, preventing crises.
• Reconstruction & Development: World Bank
funded rebuilding in Europe and development in
poorer nations.
• Trade Expansion: Stabilized currencies and
encouraged open trade, boosting global economic
growth.
• Policy Influence: Promoted liberalization and
privatization, impacting economies worldwide.
Together, these institutions fostered a more
interconnected and stable global economy post-
The Role of Airways Post-World
War II
1.Global Trade Expansion
1. Post-WWII, airways became crucial in connecting nations and
facilitating global trade.
2.Rise of Commercial Aviation
1. Enabled faster movement of people and goods across
continents.
2. Introduction of Jet Engines: Made long-distance flights
quicker and more efficient.
3.Global Connectivity
1. Shortened travel time, which enhanced international
cooperation, tourism, and cultural exchange.
2. Airlines expanded routes, linking major cities and fostering a
connected global economy.
• Impact: Airways accelerated economic recovery,
promoted globalization, and made international
collaboration easier than ever before.
The Role of
Under British
rule, Indian ports
Waterways (Post
 The Port of Shanghai is the
world’s heavyweight
like Mumbai,
Kolkata, and
WW2)
champion for cargo.
 Port of Singapore is the
Chennai were global container shipping
supercharged to superstar.
 Port of Rotterdam is
handle big ships
Europe’s bustling gateway.
and boost trade. Key advantages of waterways in post
While the British WW2:
reaped the
rewards, the 1.Economic Recovery: Waterways
locals barely saw helped move goods efficiently, aiding
any perks. These economic growth after the war.
ports became 2.Increased Trade: New shipping routes
vital hubs, but made it easier for countries to trade
There are roughly 1,200 to 1,500 international seaports around theand products.
resources
only to line
world, each one a bustling gateway where the ocean meets global
Britain’s
trade andpockets!
adventure!
MULTI
• What is a Multinational Company?
• Companies that operate in multiple countries,
driving global economic activity and innovation.
• Ferrari’s Global Reach
NATIONAL • HQ: Maranello, Italy

• Markets: Europe, North America, Asia, Middle
East
COMPANI
• Economic Impact
• Investment: Contributes to economies by
building facilities and partnerships globally.
• Jobs: Creates employment in manufacturing,
R&D, and dealerships worldwide.
ES
• Innovation: Advances automotive tech,
benefiting global industry standards.
CONCLUSION
The Great Depression highlighted the
vulnerabilities of the global economy and led to far-
reaching consequences, including farm distress,
widespread unemployment, and the collapse of
businesses. To avoid repeating such economic
catastrophes, the Bretton Woods institutions—the
IMF and World Bank—were established in 1944.
These institutions played crucial roles in fostering
post-war economic stability, supporting Waterways served as the primary mode of
reconstruction and development, and promoting transportation for both goods and people.
international trade and policy reforms. By Airways made the overall transportation of
stabilizing currencies and encouraging global goods even faster allowing expansion of
economic integration, they laid the foundation for a international trade. This gave a major spur
more interconnected and resilient global economy
to economic growth and development
in the decades that followed. Development of
airways and waterways further stimulated the which in turn gave rise to many infamous
global economy by making global trade easier and multinational companies. These
more efficient. multinational companies (MNCs) play a
central role in globalization by expanding
across borders, creating interconnected
economies, and facilitating the global flow
of goods, services, capital, and technology.

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NAME OF THE STUDENT: AAYUSHMAAN MALLIK

AAYUSHMAAN MALLIK, ABHINANDITA MAZUMDAR, ABHINAV BOSE,

NATIONAL • HQ: Maranello, Italy

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