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Final answer:
The Peace of Westphalia resulted in the decline of the Habsburg family's power and reshaped European diplomacy and warfare.
Explanation:
The Peace of Westphalia had a significant impact on the Habsburg family. It led to their decline in power as they were the greatest losers of the peace settlement, ceding autonomy to various territories. This event marked a turning point in European diplomacy and warfare, with France and Sweden emerging as more powerful players.
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