What Was the Initial Concern of the Bretton Woods System

question 30

Multiple Choice

What was the initial concern of the Bretton Woods system?

• A)Economic growth in the developing world
• B)Rebuilding war-ravaged Europe and preventing another global financial depression
• C)Encouraging decolonialization
• D)Preserving Europe's overseas empires
• E)Ensuring American economic power

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Definitions:

Small Business Administration

The Small Business Administration is a U.S. government agency established to support the growth and development of small businesses through loans, loan guarantees, counseling, and other assistance programs.

Government Lender

A governmental entity or agency that provides loans or financial assistance to individuals, businesses, or other organizations.

Government Lending Programs

Financial programs sponsored by governmental entities to provide loans to individuals or businesses for various purposes.

Small Businesses

Companies with a small number of employees and relatively low volume of sales, often privately owned.