What steps were taken by the economists and politicians of the world to meet the global economic crisis that arose after the Second World War? -SST 10th

What steps were taken by the economists and politicians of the world to meet the global economic crisis that arose after the Second World War? -SST 10th
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Answer :

The steps taken 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.  (iv) Dollar was anchored to gold at a fixed price.
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