Transformation and Upheaval After World War II

Transformation and upheaval after World War II

Introduction

In the aftermath of an overwhelming Allied victory in World War II in the year 1945 and the subsequent annihilation of the German war machine, war-ravaged nations saw a period characterized by restoration and upheaval of society, economy and infrastructure. The war had devastated major financial systems in the region and damaged the strongest of European economies. Therefore, in the immediate years after the end of the war, all Allied nations underwent a period of strategic cooperation where restoration of infrastructure and rebuilding of homes and lives was at ...