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Golden Age of Capitalism

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What explains the end of the post-war 'Golden Age of Capitalism'?

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The solution provides a brief explanation of the post world war II political economy.

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Here is a brief explanation of the collapse of the Brettonwoods system to help you along:

The Golden Age of Capitalism, was a period of economic prosperity post WWII and lasted until the early 1970s. It ended with the collapse of the Brettonwoods system

In 1944, 48 countries, led by the world powers, US, Great Britain, France and Russia, met in Brettonwoods, NH to develop a plan for the post war world economy. It is here that the International Monetary Fund and the World Bank were established. During the conference, the world exchange rates were ...

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