Britain's response to the economic crisis, particularly during the Great Depression, involved a combination of austerity measures and a focus on monetary policy, which ultimately led to slower recovery rates compared to France. In contrast, France implemented a more interventionist approach, including public works programs and social reforms that aimed to stimulate demand and support the unemployed. While both countries faced significant challenges, France's strategy generally resulted in a more immediate boost to economic activity, making it more effective in alleviating the crisis in the short term. However, long-term sustainability of these measures varied significantly between the two nations.
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
in July 2006
Yes
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
France is currently doing nothing.
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Postwar reparations led to hyperinflation and economic collapse in Germany.
I don't know, I have problem too
France was in the middle of an economic crisis which was made worse by a high and unfair tax code.
Yes I do believe we are in a economic crisis
France was in the midst of an Economic crisis, had an unfair tax code with the lack of any form of representative government.
yes! economic crisis
Personally, yes education is the solution to economic crisis.
You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?
France was in the middle of an economic crisis which was made worse by a high and unfair tax code.
because he released an account about how he didnt think what louis xvi was doing was right