Analyze and discuss the Bretton Woods Agreement and state what the agreement was for and why it was created. Include any difficulties they faced in getting society to agree with their proposal. Briefly describe the 'gold standard' evolution and collapse. Response: World War II was over. Europe and Asia was in shambles, both in term of governance as well as from an economic standpoint. In order to resurrect Europe from the state that it was in, the Bretton Woods Conference took place in July 1, 1944. Apart from replacing the gold standard with the American dollar, the conference also ...
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Chinese invented some of the most significant inventions of human civilization including the four great inventions of ancient China: paper, compass, gunpowder and printing. The Chinese invented the original technology in the field of mechanics, hydraulics, mathematics, metallurgy, astronomy, agriculture, designing of mechanisms, theory of music, art, navigation and methods of warfare. Culture of China has made an enormous contribution to the world culture. Without many of these inventions, our lifestyle would have been impossible. But whatever was the culture of China, today it is a world culture heritage as indeed any other national culture. China is the homeland ...
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