France Nationalizes Its Banking and Industrial Sectors
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Government and Politics, Economics
- Subcategories: Business, Industry, Manufacturing, Factories, Banks, Banking, Finance
- Curriculum: 20th & 21st Century European History, French History
- Geographical Location: France
- Date: 1936-1946
Article abstract: Through nationalization of banking and some industrial sectors, France moved toward a mixed economy.
Summary of Event
In the 1930’s, faced with economic depression, several Western countries experimented with innovative policies. Governments intervened in the economy in order to promote recovery. Solutions varied, but the concept that national governments should intervene in the economy and exert countercyclical pressures remained, becoming a prominent feature of post-World War II economic policy. Between 1936 and 1946, France chose...
[The entire page is 2205 words long]
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