ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book demonstrates the connection between the great depression, which strucks the industrial world in the late 1920s and lasted until the end of the 1930s and the global war of 1939-1945. Works on the international economic crisis, written by economists and economic historians tends to mention the war by passing, while histories of the war produced by diplomatic and military historians. The book discusses the decision of the Allied powers that reflects their understanding of the war raging in Europe and Asia, which has economic as well as ideological and political causes. The major powers to the great depression of the late 1920s and early 1930s implements a set of economic policies. These policies under the economic nationalism represents the world's leading industrial nations to escape the depression by withdrawing from the global economy and emphasizing domestic markets and raw materials.