The dutch states general granted a monopoly for trade in the new world to .

It could be anything, recent improvements in technology/telecommunication/internet have increased the pace of globalization.generally, it has something to do with technology. globalization means that people around the world are brought together through technology which speeds things up. so maybe some of those options could be correct. : )

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.