When the Bretton Woods participants established the World Bank,the need to lend money to third-world nations was foremost in their minds.

Question

Quizplus · Accepted Answer

The primary purpose of the World Bank, established at the Bretton Woods Conference in 1944, was to provide financial and technical assistance for the reconstruction of war-torn Europe and later to support development projects in various countries, not specifically focused on third-world nations.

When the Bretton Woods Participants Established the World Bank,the Need