Critically analyse the role of the great economic depression in resuming a balance of power cycle in Europe
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The role of the great economic depression in resuming a balance of power cycle in Europe,
Explanation:
- The economic depression began in Europe after America's stock market crash in 1929.
- The causes of the depression involved the stock market crash in New York and bank failures in Europe that lasted throughout the 1930s.
- Several European countries were affected as their economy began to crumble.
- The balance of power in Europe also remain stable as before the crises.
Learn More:
What is economic depression
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