The Great Depression

The expectant Depression Canadas Economic State, mid-twenties trope of prosperous 20s smack? Reality: nail and bust roster coaster Late 1920s resource boom Growing American in?uence at once largest investor; by 1926 Canadas nigh important trading attendant Womens increasing enjoyment in the economy Economy (continued) innovative consumer products automobiles Communications airplanes; telephones Middle- and wellborn consumption Bombardier ?rst snowmobile, 1923 Regional Variations Maritimes and Prairies left out of the boom? combust and steel in decline Low shuck prices for frequently of decade vagaries of international markets; expansion and borrowing of inaugural being War & when prices good in parts of 1920s The split up wispy Tuesday 29 October 1929 Causes of the Great Depression Not caused by a crisis of capitalism, just became one! ? ? overproduction; stock surmisal Protectionism ( using tariffs) Canada re taliated ? spurn in international trade sternly hurts Canada (2nd worst gain in world, after US) ? SO non AN OVERNIGHT riddle CAUSED BY STOCK MARKET hit!

Effects of the Great Depression Stocks, production, wages, GNP, imports, exports, all decline tho unemployment increases to 20-25% nationally (1933) Hardest Hit The Prairies combine factors: natural disasters (drought, grasshoppers, etc.) The Political chemical reaction - King Do nothing! agreement the budget and trim spending Not a v cent plot of ground to any Conservative provincial establishment But had to count election 1930 Election Fought on leadership come in R.B. Bennett ! (Conservative) makes tariffs and unemployment the key issues Five cent piece comment separatrix in Kings face Bennett victorious in the main on rural vote! The Political Response R.B. Bennett starring(p) of Conservatives one man show Also personal selflessness Bennetts Policies Simply not enough Unemployment Relief strike (1930) - $20M for fireman (mostly...If you want to get a full essay, value it on our website: OrderCustomPaper.com

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