– A month after the opening of the second front, the Roosevelt administration organized a conference on postwar economic planning in Bretton Woods, New Hampshire, at which American officials set up institutions designed to open up free trade around the world and to promote industrial development in former European colonies.
– It was a gathering of 730 delegates from all 44 Allied nations to regulate the international monetary and financial order after the conclusion of World War II.
– It’s known as the Bretton Woods Conference.
– And it was a major turning point in the global economy.
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