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The great depression was after one of those wars. I think you can make a case that the global economic and social excesses of the 1920s led to a hard crash, the
by quotemstr 7y ago
The great depression was after one of those wars. I think you can make a case that the global economic and social excesses of the 1920s led to a hard crash, the rise of aggressive ideological movements, and, eventually, the second world war. The first world war was something else entirely, the last gasp of the old "Concert of Europe" balance of power stuff. After the first world war, the world was a completely different place and different rules applied.
- aalleavitch 7y agoAll of these things were the result of the second industrial revolution.
- Ericson2314 7y agoThe 20s weren't great economically in Europe. In Germany the 30s were better economically I'm afraid to say.
- quotemstr 7y agoWeimar Germany had a bout of hyperinflation early on, but between 1924 and 1929, the country was stable and prosperous.