History bares testimony to the fact that great nations face grave crises. In 1933, the United States was struck by the great depression, which exposed the fallacies of the market economy. A few years later the military might of Japan was crushed by the United States during the Second World War. At the start of the last decade of the millennium, the fragilities of Socialism were exposed and it led to the eventual demise of the Soviet Union. India’s strength has always been its vibrant dem
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Second World War,
Socialism,
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United States
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