Question

Hello dear friends ♥

• Tell me about " Bretton Wood Institution " .

• Where and why it was made ?

• What was it's purpose of making ? What rules it gave ?

• Why it was abolished ?


It's only for your revision !!

Kul !!

Answer 1

The Bretton Woods Institutions are the World Bank, and the International Monetary Fund ( IMF ). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered postwareconomy and to promote international economic cooperation.

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Answer 2

Hey

Once again your answer ↓↓

• " Bretton wood institution " was made in USA by the metting of 43 countries . It was formed in 1944 just when the world was II was about to end .

• As the World War ll created a mass destruction all over the world and saw some major desertions amd even the biggest cities turned down itno ashes . It affected a lot to mankind . So , the man purpose of it was to create the employment to the people who has lost everything and don't have anything . It helped those meedy person . It , basically , tried to make the world a better place again by recovering from the loss and disaster .

It gave some rules for the members to follow . Like as - One currency for overall countries .

• It was abolished because for qhatever work ot was made that was fulfilled . And the strange case that even in USA many bank rupted . So , it was formed to make economic situation better and it did . Now , every country started to seek it's development and unfollowed it's rule . So , it was abolished .


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