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What were the Economic results at the End of World War ll?

I have to do an outline and they said i can use any resorce. Can anyone help me with this?

The main economic result of World War II was the devastation of Europe. Germany and Great Britain had been genuine economic powers before the war, with Britain a real rival to the United States. However, the cost of the war ruined both, leaving the US as the sole global economic power. In 1945 over 50% of all manufacturing was done in the United States. The USSR was also brought to the point of implosion by the war, but they were able to reconstruct without US assistance in the form of "Marshall Aid" by pillaging the remnant German industry following the war. In some instances, whole factories were packaged up and sent by train back to Russia.

In a bid to rebuild the global financial systems, the United Nations gathered at Bretton-Woods and agreed an international system of regulating financial dealings between countries. It was agreed there that due to America’s new dominance of global finance, the dollar would become the international currency against which the value of others would be regulated - it’s not as simple as that, because there was also a combined attempt to return to the "gold standard", where national currency values were dicatated by the gold reserves of that country. It also laid the groundwork for the International Monetary Fund and the World Bank, which oversee economic reconstruction and development of struggling nations to this day.

What were the Economic results at the End of World War ll?

I have to do an outline and they said i can use any resorce. Anyone know?

Depending were you lived/ what country you refere to.

Germany and the countries that were conquered by it suffered a complete break down of their own economy. Argriculture was difficult or peasants had even stopped to do any farming, because there was hardly any crops left, most man had died, were cripples, or were POW. Woman had been forced to work in the war industry. Also because of the war industry (and because of shortage of ressources) production of most goods had come to an end. Currency lost any velue and people were trading by swaping on the black market. Cigarets were the most common inofficial currency.
In adition the sowjets - contrary to the wester allies - nationalised all industry - but it under their controll.

The USSR itself was in a similar situation, but had luck because most of their broken down economy was replaced by values taken from the defeated countries - or the countries now in their power (later called the warsow pact states). dead man were replaced by POW or regular prisoners. If stalin wanted to built something he simply recurted them amongst the millions of people in the Gulags.

France: Also really bad situation, but they had support from the US early on - US begann building it up the day they freed paris. Also france had a some oversee colonies left were people had fled to. France also did not have to face bombings by the germans or the allies that destroyed whole cities.

England: They had it bad, really bad because Germany in the early days of the war had bombarded and destroyed many cities during "the Blitz" (in return US and England destroyed most German cities towards the end of the war). It was their luck that they had an empire to back them up. If they would not have had that I think it would have been a real worse situation. US also supported them a great deal - gave money and loans not only to built up the country again but also to built up war industry. By doing so they helped to keep people emploeyed,… While Germany suffered the worst damages at the beginning of the war, England suffered them in the beginnning.

US: THE BIG WINNER. The war industry is one of the main factors that supported US way out of the great depression. A lot of workers were needed, who did not get wokr was sure to find employment in the troops - not only soldiers were needed but also medical personal, supporting personal, …..
When the war ended the US - in what I personally think was one of the most brilliant movement ever made in foreign policy - carried the main burdan in building up europe again (Marchall plan). By doing so they did not only get close allies against the USSR, but also a whole continent for whom american way of life, american products ment pease hope and freedome. - Very good for the econmy!!

but France, Germany and others say they’ve spent enough and that international regulatory measures are necessary to stabalize situation. Who do you think will win this argument at the G-20? Will the world follow Obama’s spend and spend philosophy, or will the majority of nations reel in the ‘rogue, irresponsible, agressive’ US who they blame for the mess in the first place?

Obama also talked about the need for ‘global regulations’ and ‘guidelines’, but is he willing to accept them if they tell him his ’solutions’ are all wrong and won’t work?

I think it’s interesting how liberals are always talking about the United States having too much influence around the world. You know, always intervening in conflicts and being the peace keepers of the world.

So now, it’s ok for us to tell other countries how to run their economies. Hmm… It seems to me that this creates the same kind of intervention.

I’m glad Obama is worried about the global economy. He sure doesn’t seem to care about ours. "don’t watch the market…it gyrates".

Added: You said it "Ally 2". That’s exactly what it is.

Upon googling 2012, or speaking with many people in life and across these boards, many are convinced, even non-Christians that something is going to happen in 2012. Many Christians also believe that we are currently living in the end times.

What do you guys think of all of this. First with the 2012 controversy, the ancient calendars and the mayan calendar ending in that year, and of all the "we are in the end times" fuss being caused among religious types?

I’m asking from a totally objective viewpoint, no biases or subjective imput from me. I don’t want to be attacked. lol.

But if you do believe in the world ending or that we’re in the end times, what are you doing to prepare, or how are you dealing with it? Are you scared? Are you happy? Are you moving to the country? Do you think a nuclear war will happen? Will our world economic system collapse?

IF you don’t believe in that, also state why,and if you DO believe in this,

what advice would you give your fellow humans?
Is the devil behind the powers and monetary systems that make this world run? Is the devil behind anything and everything that has power and influence?

Are godly or holy people in charge of anything other than the Church and have any worldly influence?

Are Christians allowed to have worldly infulence and influence over the monetary systems of the world?

I wouldn’t live in fear of it. If the Mayan’s were so great then where are they? Gone! All calendars are based on astrology, on Dec. 21st of 2012 a very rare astrological event takes place. The Mayan calandar might only be pointing to that. This doomsday prophecy comes from someones well meaning interpretation, take it with a grain of salt, we believe we are in the "Last Days" that the bible speaks of but we are also instructed not to put a date on it. Remember the story of Jonah and how he preached to Ninevah? After he preached to them their judgement was postponed for another generation. Just live "Righteous" and don’t let things bother you.
The world keeps changing, mostly for the worst, the Bible calls this period the "great falling away" 2Thessalonians 2:3, everyone is losing there faith in God and walking after the flesh. If you want to enter Gods kingdom you have to obey his words, all of his words always lead to Righteousness, because his kingdom is a "Kingdom of Righteousness", http://www.mythoughtsweb.com/Religion_and_Spirituality.html , http://www.mythoughtsweb.com/Kingdom_Righteousnes.html , Remember the origional message preached by John the Baptist and then by Christ and his deciples? Repent for the Kingdom of heaven is at hand! So sweep you doorsteps and stay ready at all times. Repent and take your garbage to the curb. Walk righteously before your God.

The reason I ask is because governments (at all levels ) in many countries seem to be spending an enormous amount of money suppressing human/equal rights completely unchallenged.

I would like to cite the Federal governments (liberal) & Provincial governments (Quebec separatists politicians such as Jacque Parizeau, Lucien Bouchard & most recently Pauline "pur laine’ Marios) as examples of wasted taxpayer money to the tune of 100’s of millions of $ the past 40 or so years.

Much of the Canadian Media are nothing more than cowardly quiters on this point. They are either ignorant of what makes a good journalist or else they have no morals!!

What does cyber world have to say on this??

Not incompetent so much as irresponsible. Here in the United States, the press used to serve as a check on government, keeping our elected officials in the public eye. Now the government and the media have a "mutual admiration society" in which no one exposes the abuses committed by the other. For example, the "imbedded" reporters in Iraq have allowed the military to screen their motives and censor their writing - if all of them had refused to submit to that process, we might have done more to end it by now. Every member of the press should have refused to participate, and the government would have had to decide between a total news blackout (not an option in an "open society") or full coverage of war, including the mistakes, the massacres, and the body bags. Instead, the people got lies, distortions, and propaganda.

Like almost every country in the world year by year are becoming more efficient and advanced and peoples socio economic status is rising. Like it seems that the past 20 years the rest of the world is starting to all advance and participate in the global exchange of ideas and goods pushing us further. Just look at a map of the worlds economic growth and you will be like whoa. Even so African countries are beginning to develop.
Damn I hate when I read over a posted question and notice grammatical flaws. I meant to say "some african countries".

It is amazing! But also kind of sad… the age of new things is over, the world is all mapped out and everyone’s talking to each other. Pretty soon we’ll be one language, one currency, one world, etc… Crazy… it used to be us in little villages having to run a marathon just to talk to the next village over, now we can sit down at a desk, press a switch and IM people in India.

i think it’s fair to say that much of china is still pretty secretive and corrupt. the wages aren’t high there so why are so many people from europe, australia, and the americas going there to work for lower pay?
why do you think other countries should do in order to balance out the world economic powers?

they are following the factories they used to work at.

Why does the headline say Sri Lanka Economic Growth Slows to 6.3% when actually its slowed on Exports, just as everyone else’s has? We are current on debt obligation. GDP has grown 6.3% (over expectations of 6.1) Everyone’s exports are low because of the Global Financial Crisis (did all get a credit rating cut?) Overseas sales have risen showing marked recovery after bottoming out 9.4% in September (when all economies reached a crisis point). So why is Sri Lanka getting a cut in credit rating due to world economic factors when we meet all our obligations?
http://www.bloomberg.com/apps/news?pid=20601068&sid=aQ.og10lV54Y
Gross domestic product expanded 6.3 percent from a year earlier, compared with 7 percent in the three months ended June 30, the statistics department said in Colombo today. Economists were expecting growth of 6.1 percent.
The country’s exports rose in October at half the average pace of the previous year as a recession in the U.S., Europe and Japan curbed demand for Dilmah-branded teas and other shipments. Overseas sales climbed 5.9 percent from a year earlier after declining 9.4 percent in September.
"Sri Lanka’s credit rating was cut to B, five levels below investment grade, by Standard & Poor’s yesterday on mounting public debt and political and security concerns." - But actually our security concerns are reducing and our amount public debt has yet to change. I hope China is paying attention because she too is getting worked, but take heart my dear, for a certain payment of intrest matter will come to a fore if a certain payment of capital matter is not. The WTO should be in great consideration of this and that Zoerick is he not that red-headed man from the Federal Reserve that was present on 8/27? Ben Bernanke would know.
How is Austria doing and what about the UK

it means our money will soon be worthless!

http://www.wtrg.com/prices.htm
I’ve done a lot of poking around and I can’t find any real significant press coverage or stories that truly point the finger at the main reason for the demise of the real estate market and ultimately, the world economy. The recent elections here in the US showed that a main topic for both candidates was searching for alternative energies, but the bottom line is that the real estate market’s failings were blamed on the current world economy, when the reality of the situation is that if the cost of petroleum products were at the root of the problem. The families that were doing fine at the time had to choose what to pay for when each week they were having to pay two or three times as much for a gallon of gas long before the real estate collapse. In the end, many with mortgages had to abandon their homes because of the jump in inflation of products and services coupled with the inability of their employers to increase their wages accordingly. When you ask what caused our current economic situation, everyone seems to say "Real Estate", when the reality of the situation was that the greed of OPEC is what drove up inflation in the first place. For real, are we supposed to just ignore that tens of thousands of mortages went into foreclosure at the same time the prices of gasoline hit record prices at the pumps? Was that just coincidence? Is the greed of OPEC bound for "footnote" status in the history books 10 years from now when children are reading about the economic disaster of 2008? Chime in , please….
I want to thank everyone for the imput so far. But now that I have more to add to that question. (Thank you Stumpy, you made me think about this a little bit more)
The US real estate market’s demise is no doubt what has caused world-wide changes to the economy. But is that because on average, the US citizen normally pays less for gas anyway than other citizens of the world?
When OPEC caused prices of fuel in the US to more than double, as with any economy it created a huge jump in inflation that employers couldn’t keep up with. As with any economy, this created a chain of events that rippled through every aspect of our economy and finally causing many in the US to choose between paying their financial obligations to creditors, or spending the money on the very basics needs of the family, like food and clothing. Many US Citizens defaulted on credit cards they maxed out because their savings was depleted. And when there was nothing left to not pay, they had to foreclose on the home.
Interesting point Akhi. Answer me this, just because it has happened before with previous industries, how is OPEC NOT a major factor? How does history repeating itself change a major factor behind the demise of the real estate market? And I just want to point out that we do NOT get the majority of our petroleum from OPEC (http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html). However, OPEC’s sole purpose in life is to attempt to govern the price of petroleum out of greed with little regard to world economies. At what end, does our great capitalistic nation do the same? In what industry does the US attempt global monopolization?
And lastly, how is NOT identifying OPEC as a major factor play into learning from the very history that you have stated we ignore?
Stumpy, I agree that greed and lending practices played an important role in the real estate problems in the US. I also agree that saving for a rainy day is ALWAYS good practice. (My wife and I live well below our means and so we are less affected by this than many of our fellow neighbors.)
But would the poor lending practices in the real estate market have been exposed if not for the sudden climb in the cost of petroleum? Foreclosures on homes is what sent the market spiraling down here. A lot of investment money was lost and you know the rest. But can something other than the cost of petroleum be blamed for the sudden rise in the cost of living, creating and environment where people who were paying their bills on time, were no longer able to make ends meet because everything accept their mortgage payment went up?
So Akhi, if you are telling me that it’s happened again… History has repeated itself in another energy crisis, how does that eliminate the major responsibility of OPEC in all of this?
(http://news.yahoo.com/s/time/20090529/wl_time/08599190144600)
I agree that GREED is the main REASON, but to what extent is the greed of OPEC less than that of the other companies and corporations involved? Real Estate lenders are the only other industry that could have a direct influence on the housing market, but their collapse didn’t occur until after the sudden economic inflation.
So, we once again go back to, "how was OPEC NOT a major factor in the world’s economic crisis?"
And for the record, I’m not whining, I’m just asking because it seems like every lending institution in the world is under scrutiny and being blamed for the real estate market collapse. It’s human nature to blame someone for major disastors, I just want to know why less weight in responsibility has been placed on OPEC.
THANKS AGAIN!!!
I love the responses I’m getting to this folks. I’ve left the question open a little bit longer and hope that more people will weigh in on this.
What I’d really like to see is if anyone has any links to any other websites that can rebut the information that I have here, more specifically…
In the recent campaign for the new Presidency in the US, I (personally and just my opinion) think it’s an odd coincidence that OPEC agreed to drastically cut back supplies in order to increase the price per barrel when the candidates both adamantly agreed that the US needs to invest in more national and alternative energy supplies. The OPEC Cartel now states that it needs to receive more than $140/barrel in order to compensate for the funds needed to pursue further deposits of oil. With world consumption down to a 5 year low, and more investments being made in aternative energies, why does OPEC need to look for more when there’s an estimated 10 years in the current wells?
Hmmm?

Lets face it. there were a lot of factors involved. All nations have had to pay increased fuel prices, and it was not the root cause here in the UK.

We have now gone past the point of using over half of all known oil reserves, and demand just increases. You need to get used to higher prices because they are just going to go up and up as supply dwindles.

You can’t blame OPEC, you need to blame the wests current dependence on oil for oil prices.

What people still seem unable to grasp is that very shortly (probably in my lifetime) there will be NO OIL left!

Probably a little off-topic but needed saying.

EDIT: I still think the current financial crisis has a lot more to do with financial institutions lending to people they shouldn’t (I am personally a classic example of this), and this has to be based on greed. The most worrying aspect is how so many of these multi billion pound / dollar corporations had such low cash reserves that the minute the downturn hit they could only survive for a couple of months without going begging. What ever happened to saving for a rainy day?

Yes oil prices have had an impact globally, increased transportation costs forcing up food & goods prices have been a factor here in the UK, but the root cause is still greed of corporations, and if oil has played a part it has been minor.

I can’t believe it. China wants to make a new currency, which the UN is backing, there are 7 at the moment and if the new one becomes the dominant one, they could abolish the rest and force us under one…… and they are already giving microchips to CEO’s of big companies (this is one company that distributes it http://www.verichipcorp.com/)

The Bible prophesy of the happening before the Anti-Christ’s arrival is exactly that, a one world economic system & a one world government. The economic system is happening right now, the G20 meeting is tomorrow…
(Google G20 New global deal & Reserve Currency if you want to research yourself)
Oh and also sorry, I meant to add, Muslims too.
If they can make a one world economic system, I dont think it’s going to be that hard to form a one world government, NASA even has equipment 30 years advanced….

Wow.