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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 do just about everything. The period between 1948 ....
Middle of paper ....hat big businesses and government can do for their economy. The World Bank, International Monetary Fund, GATT, and the International Trade Organization gave big businesses more freedom and opportunities to trade internationally and helped other countries to stabilize their economy.
In 1944, within the Bretton Woods agreement, the IMF and World Ban.... |
Word count: 1102 |
Page count: 5 |
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