Image for post-World War II economic policy

post-World War II economic policy

After World War II, countries aimed to rebuild their economies by promoting growth, reducing unemployment, and preventing future depressions. Governments invested in infrastructure, supported industries, and implemented social programs to stabilize society. Many adopted policies like monetary easing, fostering international trade, and establishing institutions such as the International Monetary Fund (IMF) and World Bank to facilitate global economic stability. The overarching goal was to create a balanced, prosperous economy that could prevent the economic collapses seen during the Great Depression, fostering conditions for sustained growth and peace.