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The postwar settlement refers to the political and economic arrangements established after World War II aimed at rebuilding nations and preventing future conflicts. Key components included the creation of international institutions like the United Nations, the establishment of the Bretton Woods system to regulate international monetary relations, and various treaties and agreements that promoted cooperation and reconstruction, particularly in Europe and Japan. This settlement sought to foster stability, promote democracy, and encourage economic growth, significantly shaping the global order in the latter half of the 20th century.

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