The consequences of the Second World are:
a. The outbreak of Second World War brought changes in the global politics. This time Post War settlement was based on the fact that the Britain had emerged as the second rate power.
b. US and USSR emerging as the super powers, who later got involved in the Cold War, an ideological conflict between the two power blocs, the capitalist bloc represented by US and the Communist by USSR that defined much of the 20 th century world politics.
c. Even though the previous International body had failed to prevent the outbreak of the Second World War countries restored their confidence on such bodies and established UN to prevent the nation from the scourge of war
d. The Second World War also ushered an era of liberation of colonies from the foreign yoke and the post war witnessed decolonization in Asia and Africa on a large scale.
e. The rise of post war settlement to ensure economic stability and employment as it culminated in the Bretton Woods system which provided for the establishment of IMF and World Bank to deal with external deficits of its member states.