Wednesday, May 6, 2020
The Great Depression France - 1953 Words
The Start to the French Depression: Another country that suffered just as much as the United Kingdom had was France. Causes of their downward spiral were due to an underdeveloped economy. Franceââ¬â¢s industry was far inferior to Great Britainââ¬â¢s, particularly in farming. Tourism was also a big part of Franceââ¬â¢s economy, and during this time, many individuals simply did not have the money to travel around the world. France, like the United Kingdom, also suffered to recover from World War I. While not as bad, France relied heavily on German reparations, to pay for reconstruction. Once reparations had ceased, the Depression in France took place. Starting in 1931, France did not recover from the Depression until the remainder of the decade.â⬠¦show more contentâ⬠¦The broad overview shows rapid growth in the 1920s,a sharp decline from 1930 to 1932,then a mild decline from 1932 to 1936,and slow recovery toward the eve of World War II. Figure 2: Unemployment grew PIB: This Graph shows how the GDP (gross domestic product) in France declines in the year of 1932 which is when the depression had impact on the country. It slowly recovers in the year of 1933 but experiences a moderate fall in the 2 to 3 next years due to industrial and political issues. Government act: In May 1936,a coalition of Socialists and Communists won the elections, and the Socialist leader Là ´eon Blum became Prà ´esident du Conseil in June. The new labor market regulations imposed by the Front Populaire provoked a large increase in the cost of labor. First,the government imposed collective bargaining on wage contracts between employers and trade unions. Second,the workweek was reduced from 48 to 40 hours,keeping the weekly or monthly wage constant. The rigid and sudden reduction of the work week to 40 hours in 1936 also seems to have caused bottlenecks in many industries, which blocked the beginning of recovery. Third,workers were granted two weeks of paid holidays,again keeping the weekly or monthly wage constant. Fourth,the civil servant wage cut was suspended. At the same time,a nationwide strike movement led to the Accords de Matignon,where wages were increased on average by 12%. It seems that theseShow MoreRelatedThe Great Depression France1959 Words à |à 8 PagesFrench Depression: Another country that suffered just as much as the United Kingdom had was France. Causes of their downward spiral were due to an underdeveloped economy. Franceââ¬â¢s industry was far inferior to Great Britainââ¬â¢s, particularly in farming. Tourism was also a big part of Franceââ¬â¢s economy, and during this time, many individuals simply did not have the money to travel around the world. France, like the United Kingdom, also suffered to recover from World War I. While not as bad, France reliedRead MoreFrances Perkins and the Great Depression1724 Words à |à 7 PagesTo what extent is Frances Perkins responsible for and involved in the economic and social policies during The Great Depression? Frances Perkins role in government through pre and post great depression is not as widely recognized as some her fellow cabinet members who also pushed the New Deal. The details of who was the driving force behind the New Deal have been skewed over the years. How did Frances Perkins i nfluence the economic and social policies of the Great Depression? Do people only rememberRead MoreThe Consequences Of The Great Depression875 Words à |à 4 Pagesthe consequences of the great depression in France. For this paper, to identify the consequences of the great depression in France I will have to obtain a variety of sources that explain how they got involved. Using these sources I will be able to figure out who was mainly damaged and how they try to resolve issues. I will also be able to identify who else was involved that may have caused things get worse. Information of France before and after the great depression will also be helpful to analyzeRead MoreThe Effect of the Great Depression Worldwide765 Words à |à 3 PagesThe Great Depression was a major economic disaster which left the people of the world shocked. Many countries were already left in a bad position due to the effect of World War I. Countries that bought and sold on the international market were affected. The United Kingdom, France, and Germany were just a few of the affected countries that had a difficult time getting their country back to great economic shape. The United Kingdom finished World War I a few years prior to the Great Depression, andRead MoreHow Did the Depression Affect France?945 Words à |à 4 Pageswitnessed. The effect that the Great Depression had on capitalist countries such as Germany and the United States, was that their stocks and shares heavy economy plunged, leaving businesses unable to trade, and poverty throughout the nation. In the case of France, the depression initially did not suddenly bring the economy down drastically as it had to the more industrialised nations. Although relatively unscathed at first, by 1931 the ripple effect had hit France which steamrolled the economic downturnRead MoreThe Great Depression1148 Words à |à 5 Pagesï » ¿The Great Depression The major causes of the Great Depression in the United States all began with the expansion of the US economy as a result of World War I during the 1920s. A bubble formed in the United States Stock Market as a result of speculative trading due to the ease of buying and selling stock with new ticker tape technology as well as telephone lines that allowed for market transactions from all over the country. The Stock Market crashed on what is known as Black Tuesday, October 29,Read MoreThe Great Depression1368 Words à |à 6 PagesAfter WW1 the Great Depression had a very late impact on the major film companies in France, when it did, it unfortunately caused several film studios to go bankrupt, then in the late 1920ââ¬â¢s to 1930ââ¬â¢s many small film companies and groups emerged giving birth to the tendency called poetic realism. Because the large companies who made films with a focus on making money were gone the filmmakers and artists were able to concern themselves with the art of film, they often took poetic innovations thatRead MoreImpact of Great Depression on International Relations in the 1930s771 Words à |à 4 PagesImpact of Great Depression on International Relations in the 1930s In the early 1920s the Great Depression hit. The chaos caused by the First World War was the main reason for the Great Depression. The USA had lent large amounts of money to other countries to help with their damages from the war. The loans that the USA made helped the countries to recover trade. Many countries tried to protect their industries by putting taxes on imports. In 1930 USA the biggest tradingRead MoreS Second World War the Continuation of the First World War?647 Words à |à 3 Pages Germany was the most responsible for the outbreak of the war. During the 1930s, Britain and France were trying hard o recover their economies. They had no time to check the aggression of the Axis Powers. Besides, they wanted to make use of Nazi Germany to check Communist USSR. They adopted an Appeasement policy In 1938, Germany threatened to take Sudetenland, a part of Czechoslovakia. Britain and France reached an agreement with Germany and gave Sudetenland to it because they hoped this could bringRead MoreThe Cause Of World War II1259 Words à |à 6 Pagesa railroad car parked in a French forest near the front lines.The terms of the agreement called for the cessation of fighting along the entire Western Front to begin at precisely 11 AM that morning. After over four years of bloody conflict, the Great War was at an end. there were like everything was going to be peaceful but no one expect that World War II was going to happen within 21 years. On September 1, 1939 this date was the beginning of World War II. In 21 later, it was a global war that
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment