Foremost among the dramatic changes taking place in the world economy after World War II was

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The emergence of American hegemony was the most significant change in the world economy after World War II. The United States emerged as the dominant economic power, with a huge industrial base, advanced technological capabilities, and the world's largest gold reserves. The country also played a leading role in international institutions such as the Bretton Woods system, which put the dollar at the center of the global monetary system. This position allowed the US to exert significant influence over the world economy and shape economic policies in other countries.

Foremost Among the Dramatic Changes Taking Place in the World