World economy charts, business frameworks and diagrams
The long-standing economic partnership between the United States and Canada—built on mutual trade, shared supply chains, and geographic proximity—is now under significant strain. In 2025, Canada’s economy was still much dependent on US economy and remained one of the United View diagram Canada – US Tariffs Trade War Explained
In 1600, Queen Elizabeth I chartered the British East India Company, controlling trade in India and establishing economic dominance.
The transatlantic slave trade, while a human tragedy, financed early capitalist economies, supplying labor for plantations and global commerce.
17th-century Japan introduced rice futures for stable prices, creating one of the first derivative markets in history.
The rise of the oil economy transformed the global economic landscape in the 20th century, reshaping industries, trade, and geopolitics. Before oil became dominant, coal powered much of the world’s energy needs, but the discovery of vast oil reserves in View diagram Rise Of Oil Economy And OPEC Impact
The Great Depression of the 1930s was the most severe economic downturn in modern history. Triggered by the 1929 stock market crash, it led to massive unemployment and bank failures worldwide. In the United States, GDP fell by nearly 25%, View diagram Great Depression 1930s Economic Reforms and Recovery
During the Tang and Song dynasties, China revolutionized the economy by inventing paper money. Originally backed by gold or silk, this innovation made trade more efficient across vast distances. By the 11th century, the Song government issued the worlds first View diagram China Invention of Paper Money Tang and Song Dynasties
Germany’s post-WWI reparations crippled its economy, fueling hyperinflation, political unrest, and the rise of extremism in the 1920s. After World War I, Germany faced severe economic and political turmoil due to the harsh reparations imposed by the Treaty of Versailles View diagram Germany WWI Reparations: Economic Collapse and Extremism
In Colonial America, tobacco played a vital role not just as a cash crop but as an actual form of currency that fueled the early economy. Especially in the 17th century, before stable coinage and banking systems existed, colonists in View diagram Tobacco as Currency: Colonial America’s Early Economy
In the 1980s, Margaret Thatcher privatized many British state-owned companies. This shift toward free markets became known as ‘Thatcherism.’