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Hearts of iron 4 great depression

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The tensions between these new state formations and traditional polities resulted in re armament and ultimately conflict. Extreme politics flourished, and authoritarian regimes became established in Spain, Italy, Russia, and Germany. Out of the ashes of World War I grew an increase in consumerism, which from the late 1920s was paradoxically played out alongside the Great Depression. The interwar period (1918-39) was one of extraordinary change.