Today In History- July 20

Today In History- July 20 - Stories


Bretton Woods Agreement decides post-war economy.

  • Bretton Woods, New Hampshire

Just months following the declaration of surrender in Europe in World War Two, on July 20, 1945, the Bretton Woods agreement was approved by the U.S. Congress.  Over 700 delegates from all 44 Allied nations met to discuss the financial order and monetary issues of post-war Europe.  The economic agreement was also designed to facilitate reconstruction in Europe, while also supporting political stabilty and peace.  It was a landmark agreement, despite the longevity in implementing it throught the United Nations.