How Did Ww2 Affect The Economy

Searching to create some semblance of tranquility and calm in a world ravaged by chaos and mayhem, the United States changed their stance on international military and economic ventures from primarily acting alone to one of multilateral cooperation and international institution building in order to align itself with other Western nations following the end of World War II. In fact, the decade following World War II produced the largest flux of international organizations, treaties and rules that history has ever seen. Shaken by competing ideals and fear of further conflict, the communist and non-communist nations alike sought not only collective security measures through institutions such as the United Nations, the North Atlantic Treaty Organization (NATO) and the Warsaw Pact but also international economic stability through the Bretton Woods institution. Although created under the auspices of noble objectives, most of these institutions largely served as mechanisms for furthering each states own foreign and economic policy agendas.
Already tired and beaten from leading a draining and deadly war, the United States had no time to rest as fears of further Communist expansion increased when the USSR started creating pro-Soviet governments in areas it had taken from the …show more content…
Therefore, in 1945, the United Nations was created and placed a majority of the power in five major powers. The basic premise behind the United Nations was the each part of the globe would be segmented to an individual state who would keep peace in that region. Thus, the UN was created with a liberal frame of mind with the intention of avoiding a third world