The United Nations Monetary and Financial Conference was held at [[1]], New Hampshire, USA.

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The United Nations Monetary and Financial Conference was held at Bretton Woods in New Hampshire, USA. The Second World War taught two lessons. The first lesson was that the government needed to intervene to regulate the fluctuation of prices and ensure stable employment. The second was that the government should have complete power over the flow of goods and capital. The Conference laid the framework for an international economic system. This system aimed at post-war economic stability and full-scale employment in industrial countries. The IMF(International Monetary Fund) and World Bank were formed during this Conference.

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