How did France and Great Britain respond to economic downturns that began in the 1970 and 1980

In Britain, Prime Minister Ramsay Macdonald's Labour government responded to the economic crisis caused by the Wall Street crash and capital flight to America by imposing further restrictions on government spending, including threats to cut already meager unemployment payments. But im not sure about France.

Explanation:

silk

indigo  

rice

all the other answers are wrong

the phenomenon that would be cited as evidence of increased economic interdependence between europe and the americas is  the development of mercantilism.

this theory suggests that the wealth of a country depends on its economic assets, or capital.

hope this : )