Question

Why did global trade rise so markedly between 1900-1930

Answer 1

During 1900's, global trade increased rapidly.Global trade is exporting and importing goods by carrying out various trading activities among countries across the world.There are many reasons for rise in global trade.In 1900's most of the countries relaxed their trade rules by making them less strict.This helped to carry out import-export trade among various countries.Since,strict trading rules has been relaxed,global trading activities became easy and countries started exporting and importing goods to remaining countries.As,trading relations among countries improved,deficient goods are imported and excessively produced goods are exported to foreign countries.Countries started developing their infrastructure by constructing better roadways,railways,airways,waterways.This made easy for industries to transit their goods globally,Previously,when there were poor infrastructural facilities,industries couldn't export or import their goods as there were high chances of goods getting damaged.So,improved infrastructure contributed towards maximum global trade.Even modern technologies were invented from 1900's.Manufacturing industries and companies started using these modern technologies and new techniques in the process of production.This enhanced the output level as new techniques and resources are used efficiently.The excess output was sold to other countries.This increased the global trade between countries.All these factors boosted the global trade and caused international trade among countries.Hence,global trade rised so markedly between 1900-1930.