On October 29th, 1929, the New York Stock Exchange collapsed, falling over 12% in value . The subsequent lack of confidence in the markets led to a worldwide economic disaster known as the Great Depression. The concomitant rise in unemployment, drop in wages, and GDP stagnation left people around the world jobless and starving . The depression undermined the priority of diplomacy, sabotaged previous attempts at global reconciliation, and engendered the rise of far right extremist groups. Nationalist…
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