San Francisco Bay Area a primary embarkation point for American forces. In 1945, the United Nations Charter was signed in San Francisco, establishing the United Nations, and in 1951, the Treaty of San Francisco officially ended the U.S.'s war with Japan. Since then, the Bay Area has experienced numerous political, cultural and artistic movements, developing unique local genres in music and art and establishing itself as a hotbed of progressive politics. Economically, the post-war Bay Area saw huge growth in the financial and technology industries, creating a vibrant and diverse economy with a gross domestic product of over $800 billion, and home to the
International Trade Organization International Trade Organization The International Trade Organization (ITO) was the proposed name for an international institution for the regulation of trade. Led by the United States in collaboration with allies, the effort to form the organization from 1945 to 1948, with the successful passing of the Havana Charter, eventually failed due to lack of approval by the US Congress. Until the creation of the World Trade Organization in 1994, international trade was managed through the General Agreement on Tariffs and Trade (GATT). The Bretton Woods Conference of 1944, which established an international institution for monetary policy, recognized the need for