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jan 1, 1929 - World Depression

Description:

The United States has implemented a New Deal policy in response to this depression,and the United Kingdom and France have implemented a block economy.
This policy is to trade only in one's own country,colonies and autonomous territories,and to impose high taxes on imported goods from other countries to prevent foreign goods from entering.
However,this is a policy that cannot be made without having many colonies and territories. In countries where you do not have one, exports are subject to high taxes ,so trade will worsen.
At that time, Germany lost the World War 1 and lost its colonies,and Italy won the war but did not have enough territory.
In these countries,the people will be waiting for someone with strong leadership.

Added to timeline:

12 Mar 2020

Date:

jan 1, 1929
Now
~ 95 years ago

Images: