The document discusses how the harsh terms of the Treaty of Versailles led to economic instability and depression in Germany and Italy in the 1920s. This created mass unemployment and wiped out savings. The economic problems helped fascism rise in Europe as figures like Hitler gained support by opposing communism and appealing to middle class fears of communism and their economic struggles during the depression. Fascism was seen as a better system than democracy to prevent the spread of communism at the time.