What are the major economic effects of the second world war?
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The major economic effects of the second world war were--
1.the First, caused immense amount of economic damage and devastation. Vast parts of Europe and Asia weredestroyed. US emerged as the dominant economic. and political power.
2. Emergence of Soviet Union as a super power is another important effect..
1.the First, caused immense amount of economic damage and devastation. Vast parts of Europe and Asia weredestroyed. US emerged as the dominant economic. and political power.
2. Emergence of Soviet Union as a super power is another important effect..
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