What were the outcomes for the u. S. Economy following the 1944 bretton woods conference?.

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07-03-2022
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What were the outcomes for the u. S. Economy following the 1944 bretton woods conference?.

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jayilych4real jayilych4real · Answer 1 · 2022-03-10T04:30:16-05:00

The outcomes for the u. S. Economy following the 1944 bretton woods conference was the:

Inception of international financial institutions that were able to help the American economy.

What is a Financial Institution?

This refers to the legal company who are licensed to transact money, give out loans and hold money in trust for individuals, corporations and governments.

With this in mind, the American economy in the mid 1900s was poor but after the 1944 Bretton Woods Conference, there was the creation of International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), also known as World Bank which helped the economy.

Read more about financial institutions here:

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What is a Financial Institution?

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