1948 Summer Olympics 1908, forty years earlier. The Olympics would again return to London 64 years later in 2012, making London the first city to have hosted the games three times, and the only such city until Paris and Los Angeles host their third games in 2024 and 2028, respectively. The 1948 Olympic Games were the first of two summer Olympic Games held under the IOC presidency of Sigfrid Edström. The event came to be known as the Austerity Games, because of the difficult economic climate and rationing imposed in the aftermath of World War II. No new venues were built for the
Summer Olympic Games Summer Olympic Games The Summer Olympic Games () or the Games of the Olympiad, first held in 1896, is a quadrennial international multi-sport event. The most recent Olympics were held in Rio de Janeiro, Brazil. The International Olympic Committee (IOC) organises the Games and oversees the host city's preparations. In each Olympic event, gold medals are awarded for first place, silver medals are awarded for second place, and bronze medals are awarded for third place; this tradition began in 1904. The Winter Olympic Games were created due to the success of the Summer Olympics. The Olympics have increased in scope