Great Depression Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===France=== {{Main|Great Depression in France}} [[File:Agence Mondial 1932 - Soupe populaire offerte aux chômeurs en 1932 2.jpg|thumb|Soup kitchen for the unemployed in Paris, 1932]] The crisis affected France a bit later than other countries, hitting hard around 1931.<ref>{{Cite journal |jstor = 2601740|title = France and the Depression|journal = International Affairs |volume = 15|issue = 2|pages = 202–224|last1 = Laufenburger|first1 = Henry|year = 1936|doi = 10.2307/2601740}}</ref> While the 1920s grew at the very strong rate of 4.43% per year, the 1930s rate fell to only 0.63%.<ref>Jean-Pierre Dormois, ''The French Economy in the Twentieth Century'' (2004) p. 31</ref> The depression was relatively mild: unemployment peaked under 5%, the fall in production was at most 20% below the 1929 output; there was no banking crisis.<ref>{{cite journal|doi=10.1006/redy.2001.0143|title=The French Depression in the 1930s|journal=Review of Economic Dynamics|volume=5|pages=73–99|year=2002|last1=Beaudry|first1=Paul|last2=Portier|first2=Franck}}</ref> However, the depression had drastic effects on the local economy, and partly explains the [[February 6, 1934 riots]] and even more the formation of the [[Popular Front (France)|Popular Front]], led by [[Section française de l'Internationale ouvrière|SFIO socialist leader]] [[Léon Blum]], which won the elections in 1936. Ultra-nationalist groups also saw increased popularity, although democracy prevailed into [[World War II]]. France's relatively high degree of self-sufficiency meant the damage was considerably less than in neighbouring states like Germany. Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page