Mains: GS1 - History of the world | World wars
In a historic move, the UK and Germany signed their first bilateral treaty since the World War II, pledging “mutual assistance” in case of attack remind us the WW-II, in which both states was opposite side.
WW-I lasted from 1914 to 1918, involved major global powers in two alliances, ended with the Allied victory, and led to significant geopolitical changes.
US President Woodrow Wilson’s last point among famous fourteen points created the League of Nations, which became the predecessor of the United Nations came up immediate after WWII in 1945.
The Wall Street crash shaped post-Second World War international economic order, on the basis of John Maynard Keynes seminal work The General Theory of Employment, Interest and Money in 1936. This was done particularly through the setting up of the Bretton Woods institutions such as the International Monetary Fund (IMF) and the World Bank.
WW -II lasted from 1939 to 1945 and caused a staggering loss of between 40 to 50 million lives.