One of the strongest motivations for holding the Bretton Woods Conference was to design new international institutions that would

Question

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The Bretton Woods Conference was held in the aftermath of the Great Depression and World War II, with the main goal of creating new international institutions to prevent a repeat of the economic mistakes of the 1920s and 1930s. The International Monetary Fund (IMF) and World Bank were created to provide financial stability and promote international trade, two key factors in preventing another economic collapse. While containing communism and providing a collective defense were also important goals, they were not the primary reasons behind the conference. Creating a single currency in Western Europe did not become a goal until several decades later with the establishment of the European Union. Ensuring that world prices were not rising too rapidly was also not a primary motivation for the conference.

One of the Strongest Motivations for Holding the Bretton Woods