iris ryou the world responds to the crisis
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IRIS RYOU The World Responds to the Crisis

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IRIS RYOU The World Responds to the Crisis. BRITAIN. The Depression hit Britain more severely than other countries To prevent the Depression, Britain elected multi-party coalition known as the National Government

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britain
BRITAIN
  • The Depression hit Britain more severely than other countries
  • To prevent the Depression, Britain elected multi-party coalition known as the National Government
  • The National Government: high protective tariffs, increased taxes, regulated the currency, lowered interest rates
  • The economy increased slowly but steady
  • By 1937: unemployment cut in half, production rose
france
FRANCE
  • More depend on its own country
  • by 1935: had one million unemployed workers
  • To prevent the Depression, France made the Popular Front
  • The Popular Front: a coalition government with moderates, Socialists, and Communists increased taxes, holidays with pay, and a 40-hour work week
  • Economy after: the unemployment remained high
scandinavia
Have responded to the crisis successfully

Made recovery program: based on the tradition of cooperative community actiontaxed all citizens

Sweden: government sponsored lots of public work projects

SCANDINAVIA
washington
WASHINGTON
  • Responded to the crisis by making the New Deal
  • The New Deal: a program of reform
  • Established by Franklin D. Rooseveltprovide jobs by large public works, gave financial help to business and farms
  • The recovery was very slow, but eventually the New deal reformed the economy
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