World Wars And Their Impact Questions
The major political consequences of World War II were the establishment of the United Nations, the division of Germany and Berlin, the beginning of the Cold War between the United States and the Soviet Union, and the decolonization of many countries.
The major economic consequences of World War II included the destruction of infrastructure and industries in many countries, the emergence of the United States as a global economic superpower, the shift towards a more interventionist role of governments in the economy, and the establishment of the Bretton Woods system which created the International Monetary Fund (IMF) and the World Bank.