Jacquie+-+Social+and+Economic+conditions+of+20th+Century+Europe

Social and Economic conditions of Europe in the 20th Century === __ Pre-1945: Industrial growth  __ Prior to World War I I, Europe's major financial and industrial states were the United Kingdom, France and Germany. The Industrial Revolution, which began in Britain, had spread rapidly across Europe, and before long the entire continent was at a high level of industry. World War I had briefly led to the industries of some European states stalling, but in the run-up to World War II Europe had recovered well, and was competing with the ever increasing economic might of the United States of America .=== []

__ 20th Century to the Present __
=== Two World Wars and an economic depression dominated the first half of the 20th century. Economic instability, caused in part by debts incurred in the First World War and 'loans' to Germany played havoc in Europe in the late 1920s and 1930s. This and the Wall Street Crash of 1929 brought about the worldwide Great Depression. Helped by the economic crisis, social instability and the threat of communism, fascist movements developed throughout Europe placing Adolf Hitler of Nazi Germany, Francisco Franco of Spain and Benito Mussolini of Italy in power. Beginning in the 1990s after the end of the Cold War, Eastern European countries began joining, expanding the EU to its current size of 27 European nations, and once more making Europe a major economical and political centre of power. []===

