What country became the new leader after the habsburg many defeats

European leadership has many faces - till today. The following successor states were formed (entirely or in part) on the territory of the former Austria-Hungary: German Austria and First Austrian Republic.

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.