exam4)dude - President Harry Truman would peace bring back...

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President Harry Truman would peace bring back Depression? role of government to prevent future Depressions Bracero Program, 1942 was a series of laws and diplomatic agreements, initiated by an August 1942 exchange of diplomatic notes between the United States and Mexico , for the importation of temporary contract laborers from Mexico to the United States. G.I. Bill, 1944 was an omnibus bill that provided college or vocational education for returning World War II veterans (commonly referred to as G.I.s ) as well as one year of unemployment compensation. It also provided many different types of loans for returning veterans to buy homes and start businesses. Since the original act, the term has come to include other veteran benefit programs created to assist veterans of subsequent wars as well as peacetime service. Bretton Woods Conference, 1944 Bretton Woods Conference of monetary management established the rules for commercial and financial relations among the world's major industrial states in the mid 20 th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states. Preparing to rebuild the international economic system as World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire , United States , for the United Nations Monetary and Financial Conference . The delegates deliberated upon and signed the Bretton Woods Agreements during the first three weeks of July 1944. Setting up a system of rules, institutions, and procedures to regulate the international monetary system, the planners at Bretton Woods established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group . These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate by tying its currency to the U.S. dollar and the ability of the IMF to bridge temporary imbalances of payments . On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. As a result, "[t]he Bretton Woods system officially ended and the dollar became fully ' fiat
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currency ,' backed by nothing but the promise of the federal government." [1] This action, referred to as the Nixon shock , created the situation in which the United States dollar became the sole backing of currencies and a reserve currency for the member states. United Nations, 1945
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exam4)dude - President Harry Truman would peace bring back...

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