The League of Nations was established to maintain world peace and promote international cooperation following World War I. Founded in 1920, its primary aims included preventing wars through collective security and disarmament, settling disputes between countries through negotiation and diplomacy, and fostering social and economic cooperation among nations.
Despite its noble goals, the League faced significant challenges, including the absence of major powers (notably the United States), the lack of enforcement mechanisms, and difficulties in achieving consensus among member states. Ultimately, the League was unable to prevent the outbreak of World War II and was dissolved in 1946, paving the way for the establishment of the United Nations, which aimed to address some of the shortcomings of the League.