POLS 375 Lecture Notes - Bretton Woods System, Classical Liberalism, Protectionism
Document Summary
Canada and the bretton woods (jan. 14, 2013) Discussion topics for the next little while (canada and the bretton woods) There was a desire to build an economic system for the world . It"s hard to overstate the mental suffering that occurred from the great depression. Ideological extremism was born in places like germany and being spread in places like russia. Social credit and ccf and other groups were created because of the. Politicians, professors and economists believe that world war ii occurred because of the depression. At least that"s what some american administration officials believe. One thing that most people accepted in terms of solving the problem were the following: Tariffs are higher when the economy is lame. One country does it and another does the same thing in response. (example: U. s. does it in 2009, canada gets upset). And world war ii gave canada full employment.