1. Modernization Theory
... to construct a liberal global trading system. Other aspects of United States thinking included the disintegration of prewar social systems and the growth of revolutionary movements and thus, political upheaval all over the world. The U.S. had to contend with the problem of the Soviet Union and the question of Great Britain. Concerning finance, Keynes decided on "the growth of world trade with an international fund to smooth over budget deficits and ... . Europe had been through a whole plethora of disaster, war, revolution, and depression. There was a massive shift of power to the United...
- Word Count: 1471
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate