France and the Spanish Civil War

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During the Spanish Civil War, France decided on a policy of Non-Intervention in order to promote economic and political stability. Firstly, the Non-Intervention policy kept France from having a financial stake in the war, which they would have should they have supported one side over the other, and was in fact financially beneficial as it allowed France to trade with both sides of the Spanish Civil War without difficulties. In addition, since France itself was very divided on which side to support in the war, following a policy of Non-Intervention kept the peace in France and stopped them from having their own civil war. Politically, Britain was also putting a lot of pressure on France to not interfere in the war, and because France needed Britain as an ally in the face of the threat of Germany, Italy, and Russia, they yielded to their demand. Most importantly, France hoped that following the policy of Non-Intervention would to keep world peace. Europe’s political climate was very fragile and tense at this moment, and much of Europe, France included, was worrying about another World War breaking out, with the Spanish Civil War as the trigger.
The Non-Intervention policy had a key economic benefit that made it very appealing to many other countries, not just France. The policy allowed governments to trade normally with both sides of the Spanish civil war, excluding weapons and other war materials, which were not allowed to be sold. For France, who was very involved in the Spanish economy as it was the second largest market for Spanish exports and some estimates of their private investment in Spain totaled up to $135 million dollars, this policy kept them from losing millions of dollars because of the business they would have lost ...

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