Compare the french approach to the depression with the new deal.

the french was hit late by the great depression because it had invested heavily in gold reserves unlike the USA markets that had invested in stock exchange.

when the great depression hit, in 1931, three years after it had crushed the USA economy, french government responded with tightening or restricting the financial market and devaluation of the Franc. this was similar with FDR New deal policy of regulating banking. However, socialist welfare approaches in France were not approved by the senate like it was the case of FDR new deal.