During, world war II Yugoslavia modern day Serbia was under the occupation of the Axis powers. While, under the German rule a group called Ustase came into power, the Ustase intended to create an ethnically "pure" Croatia, and viewed Serbians that followed the Eastern Orthodox church and Jews living in Croatia, and Bosnia as the biggest obstacles. Thus, started the Serbian Genocide, the Ustase coincided with German Holocaust as many Serbian were executed, expelled and converted to Catholicism. As a result, Serbians after the war about 2/3 of the population was either displaced, or suffered from economic massive inflation resulting in a recession. Serbia had seen a lot of bloodshed during the World War II. Afterward, socialist party took power
