Aftermath of World War II Aftermath of World War II The Aftermath of World War II was the beginning of an era defined by the decline of all European colonial empires and the simultaneous rise of two superpowers: the Soviet Union (USSR) and the United States (USA). Allies during World War II, the USA and the USSR became competitors on the world stage and engaged in the Cold War, so called because it never resulted in overt, declared hot war between the two powers but was instead characterized by espionage, political subversion and proxy wars. Western Europe and Japan were rebuilt through the American Marshall
Forced labour under German rule during World War II fund paid out more than 4.37 billion euros to close to 1.7 million of then-living victims around the world (one-off payments of between 2,500 and 7,500 euros). Germany Chancellor Angela Merkel stated in 2007 that "Many former forced labourers have finally received the promised humanitarian aid"; she also conceded that before the fund was established nothing had gone directly to the forced labourers. German president Horst Koehler stated Informational notes Citations Further reading Forced labour under German rule during World War II The use of forced labour and slavery in Nazi Germany and throughout German-occupied Europe during World War II