Question

What steps were taken by the economists and the politicians of the world to meet the global economic crisisthat arose after the second world war?

Answer 1

Explanation:

The steps which were taken by the Economists are as follows•} (i) Bretton Woods Conference established IMF to deal with external surplus and deficit of its members. (ii) The World Bank was set up to finance post-war reconstruction. (iii) Bretton Woods System was based on fixed exchange rates.Hope this would be helpful to you.