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Mount Washington Hotel. The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 allied nations at the Mount Washington Hotel, in Bretton Woods, New Hampshire, United States, to regulate what would be the international monetary and financial order after the conclusion of World War II.
In the United States and several other nations, the post–World War II boom led to major suburban development and urban sprawl, aided by increasing automobile ownership and cheap oil, as shown in this suburban development in Colorado Springs, Colorado in March 2008. Per capita GDP of various industrialized countries between 1920 and 1976
The United States transferred $13.3 billion (equivalent to $173.8 billion in 2024) in economic recovery programs to Western European economies after the end of World War II in Europe. Replacing an earlier proposal for a Morgenthau Plan , it operated for four years beginning on April 3, 1948, [ 1 ] though in 1951, the Marshall Plan was largely ...
The aftermath of World War II saw the rise of two global superpowers, the United States (U.S.) and the Soviet Union (USSR). The aftermath of World War II was also defined by the rising threat of nuclear warfare, the creation and implementation of the United Nations as an intergovernmental organization, and the decolonization of Asia, Oceania, South America and Africa by European and East Asian ...
Until the start of the COVID-19 recession in 2020, no post-World War II era came anywhere near the depth of the Great Depression. In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP had fallen 5.1% by the second quarter of 2009) and the unemployment rate ...
Future US Secretary of State Dean Acheson stands third from right in the back row. Anglo-American loan officially Anglo-American Loan Agreement was a loan made to the United Kingdom by the United States on 15 July 1946, enabling its economy after the Second World War to keep afloat. [1]
For most of the first two decades after World War II there was considerable enthusiasm among the public for Keynesian policy, which was seen as a way to avoid the economic chaos of the Great Depression. In Great Britain for example, the post-war election was fought largely on the grounds of the two main party's conflicting economic policies.
After World War I, the United States pursued a policy of isolationism and declined to join the League of Nations in 1919. Roosevelt had been a supporter of the League of Nations but, by 1935, he told his foreign policy adviser Sumner Welles: "The League of Nations has become nothing more than a debating society, and a poor one at that!".