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Why Was the Great Depression Slow to Affect France

Question 36

Multiple Choice

Why was the Great Depression slow to affect France?


A) France had substantial social security measures already in place that protected the population and prevented economic collapse.
B) France refused to abandon the gold standard, which protected its currency and aided its response to economic decline.
C) France was less industrialized than the other major continental powers in Europe and somewhat isolated from the world economy.
D) France's economy was based on basic materials that remained in demand even as demand for consumer goods collapsed.

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