Interwar period can refer to any period between two wars. The Interbellum is understood to be the period between the end of the Great War or First World War and the beginning of the Second World War in Europe. This period of history was marked by turmoil, as Europe struggled to recover from the devastation of the First World War. Later a period of considerable prosperity followed, but this changed dramatically with the onset of the Great Depression in 1929. It was during this time that the Weimar Republic in Germany gave way to two episodes of political and economic turmoil, the first... culminated in the German hyperinflation of 1923 and the failed Beer Hall Putsch of that same year. The second convulsion, brought on by the worldwide depression, resulted in the rise of Nazism. In Asia, Japan became an ever more assertive power, especially with regards to China. The interwar period was marked by a radical change in the international order, away from the balance of power that had dominated pre–World War I Europe.
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