Question

How did the trade regime that followed WW2 differ from the regime that operated throughout the interwar period? Discuss ideas, interests, and institutions that drove this change.

Answer 1

ANSWER: In the context of the history of the United States from 1918 through 1945 covers the post WW1, Great Depression and WW2. The interwar period was the period that was counted between the end of the WW1 in November 1918 and the beginning of the WW2 in September 1939. The army of United States in the inter-war period was not a real army with a credible force; and a little profession core on which a real army could be built. During interwar period of the 1920s and 1930s the modern America emerged, culture distinct of United States from its predominately European roots. These innovative developments affected all other facets of American society and laid the foundation for a post WW2 (1939–1945) economic boom. Since World War II a main goal of U.S. economic policy has been to reduce the size and frequency of recessions; and also money growth was considerably more rapid across in United States after WW2 than before.