How did the Great Depression impact the global balance of power?

How did the Great Depression impact the global balance of power?

The Great Depression had a significant impact on the global balance of power. It led to a decline in the economic and political influence of the Western powers, particularly the United States and Europe. The economic crisis weakened these countries' ability to project power and influence globally. Additionally, the Great Depression created fertile ground for the rise of totalitarian regimes, such as Nazi Germany and fascist Italy, which sought to challenge the existing global order. These regimes capitalized on the economic hardships and discontent caused by the Depression to gain support and expand their influence. Overall, the Great Depression shifted the global balance of power away from the Western powers and towards emerging powers and ideologies.