The Power of the President Assignment Example | Topics and Well Written Essays - 250 words

The Power of the President - Assignment Example It changed the way people interacted with their leader and continues to do so to this day. 2. Following the devastation of the Second World War, much of the global economy lay in total ruin. Old orders, ways of thinking, and systems had vanished into rubble and smoke. Many people lived lives of total despair. However, there were a number of brave men and women who decided to look at this crisis as an opportunity and to fashion something new out of the mess. The most important change to make involved the world economic system. And so the Bretton Woods regime was founded on July 1944, in Bretton Woods, New Hampshire, United States, by the delegations of the 44 Allied nations with the intent of creating a new financial and economic order, due to the shift of power occurred as a result of the Second World War. The Bretton Woods regime was a result of the events which affected the world economy and political system, starting from the great Depression to the rise of Nationalist dictatorships and finally the Second World War; its declared objective was to ensure prosperity to al l nations, so conflict would never occur again. This foreign policy achievement gave the President of the United States a great deal of power over the world