what kind of economic system does france have
Economy of France In June 2012, Hollande's Socialist Party won an overall majority in the legislative elections, giving it the capability to amend the French Constitution and allowing immediate enactment of the promised reforms. French government bond interest rates fell 30% to record lows,[24] less than 50 basis points above German government bond rates.[25]
French colonial empire Competing with Spain, Portugal, the Dutch United Provinces and later England, France began to establish colonies in North America, the Caribbean and India in the 17th century. A series of wars with Great Britain and other European major powers during the 18th century and early 19th century resulted in France losing nearly all of its conquests. France rebuilt a new empire mostly after 1850, concentrating chiefly in Africa as well as Indochina and the South Pacific. Republicans, at first hostile to empire, only became supportive when Germany started to build her own colonial empire. As it developed, the new empire took on roles of trade with France, especially supplying raw materials and purchasing manufactured items as well as lending prestige to the motherland and spreading French civilization and language and the Catholic religion. It also provided manpower in the World Wars.[5]