plz answer this history chapter 12 c
Answers
Explanation:
1) The situation of the world is worse after the 2nd world and most of the countries were devastated and on to the grounds. so, world nations came together after the war and decided to help each other in building back the countries. For this the world nations established an two monetary organisation they are world bank and IMF to fund the damaged countries of the world.
2) As after the end of 2nd world war the russia adopted socialistic model of govt. so it started to achieve good result in world economy in the initial stage and due to this americas capitalistic society was proved wrong so conflict was made to happen between two super nations but during 1991 the russian economy started to fall and its model was failed and hence in the rivallary american economy improved and hence there it ended due to fall of Russian economy.
3)as during the cold war time the was in the initial stages of constitutinal formation due to our independence in 1947 and after nehuru become the Prime Minister he adopoted planning commission model from russia and also our economy is closed so there is not much impact on world due to our policies.