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The Ending Of The Post War Boom
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World War II had caused the expansion of U.S. industrialization and also it had changed the U.S. corporations into a new global economy scale. The war had brought America in return a huge increase in its prosperity. In the U.S. society, most people believed in that big business and government can ....
Middle of essay
....ationally and helped other countries to stabilize their economy.
In 1944, within the Bretton Woods agreement, the IMF and World Bank were established. These two agencies¡¦ job was to reconstruct the world financial system, which stabilized the world currencies and ensure the reconstruction and development of world economy. In 1947, the General Agreement on Tariff and Trade was established which ensures that fair-trading between nations. Similar to the GATT, the International Trade Organization .... |
| Number of words: 1102 |
Approximate pages: 5 |
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