The 1720s decade ran from January 1, 1720, to December 31, 1729. In Europe it was a decade of comparative peace following a lengthy period of near continuous warfare with treaties ending the War of the Quadruple Alliance and the Great Northern War. Both Britain and France saw major financial crashes at the beginning of the decade with the South Sea Bubble and the Mississippi Company respectively. Nonetheless it was a decade of stability in both countries under the leadership of Robert Walpole and Cardinal Fleury and the two nations, recently enemies, formed the Anglo-French Alliance.
Stylistically the decade was part of the Baroque era.