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| | Great Depression - Wikipedia, the free encyclopedia |
 | | In Europe, the question of the war reparations were fundamental to the economic and political history of France, Germany, Britain and America, but the greatest effect was on Germany, since the country had to pay the largest portion of reparations[1]. |
 | | Second, there are structural theories, including those of institutional economics, that point to underconsumption and overinvestment (economic bubble), or to malfeasance by bankers and industrialists. |
 | | On a purely economic level, the work needed to build the military power necessary for its expansionist goals was believed by many to be a relative success, although it was treading a path of autodestruction. |
| en.wikipedia.org /wiki/Great_Depression (4363 words) |
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