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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 three centuries following Alexander's death are known as the Hellenistic Age, during which period Greek influence was spread across Asia far beyond the Greek homeland. Alexander the Great (336-323 B.C.E.) Philip of Macedon was smart enough to realize that it would be wise to rule the Greeks as leniently as possible.