Social Sciences, asked by julisheela157, 9 months ago

why the world bank was set up?

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Answered by BihariSwag

Conceived in 1944 at the Bretton Woods Monetary Conference in Bretton Woods, New Hampshire, the World Bank's initial aim was to help rebuild European countries devastated by World War II. Its first loan was to France in 1947 for post-war reconstruction.

Answered by Anonymous

The world bank is setup to monitorize all the bank transactions and provide them financial assistance

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