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The Hellenistic period was characterized by a new wave of Greek colonization (as distinguished from that occurring in the 8thâ6th centuries BC) which established Greek cities and kingdoms in Asia and Africa.
The Hellenistic period followed Alexander the Great conquered of the Persian empire. including Egypt The Greeks founded cities in the conquered areas which led to Greek influe â¦ nce on the Persians and Egyptians. At the same time the Persians and Egyptians had some influence on the Greeks.