armed peace:

armed peace:
the isolation of France since the loss of Alsace and Lorraine after the 1870 war had fueled his revenge and turned to France in a potential adversary.
maintaining the balance in the Balkans: biskmark knew that Austria and Russia had conflicting interests in the Balkans and that these tensions could be the source of a European conflict.
eiropeas powers are afruparon into two opposing military. Germany, Austria, and Italy sirmaron the triple alliance. On the other hand, the aggressive foreign policy of William II led to France, Russia and Britain to form the Triple Entente (1907). Pusia abandon the alliance with Germany because of the problems in the Balkans.
mutual fear led to an intense arms race.

CHARACTERISTICS OF "THE HAPPY YEARS 20"

Increased use of electricity and oil.

Technical innovation and changes in work organization.

Automobile sector boom. Fordism.

Increased productivity. Reduction of production costs.

Improving the purchasing power of families.

Advertising and Marketing. Consumer Revolution.

Department Stores. Hire purchase.

Indebtedness of Families.

Overproduction. The agricultural sector is very damaging.