Understanding World Societies:
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> CHAPTER 32 STUDY GUIDE
To demonstrate a more advanced understanding of the impact of economic developments and policies on recent world history, fill in the chart below with descriptions of key economic events and their consequences. In your opinion, has liberalization had an overall positive impact on global economic development in the last fifty years? Why or why not?
| Description | Consequences | |
| OPEC Oil Embargo | ||
| Economic Liberalization in Latin America | ||
| Economic Liberalization in China | ||
| Economic Liberalization in the Aftermath of the Collapse of the Soviet Union | ||
| The 2008 Financial Crisis |