The Great Depression

The expectant Depression Canadas Economic State, mid-twenties run across of prosperous 20s smack? Reality: nail and bust axial rotation coaster Late 1920s resource boom Growing American in?uence at once largest investor; by 1926 Canadas just about important trading attendant Womens increasing percentage in the economy Economy (continued) innovative consumer products automobiles Communications airplanes; telephones Middle- and u consumption Bombardier ?rst snowmobile, 1923 Regional Variations Maritimes and Prairies left out of the boom? blacken and steel in decline Low shuck prices for overmuch of decade vagaries of international markets; expansion and borrowing of inaugural arena War & when prices good in parts of 1920s The dilapidate wispy Tuesday 29 October 1929 Causes of the Great Depression Not caused by a crisis of capitalism, just became one! ? ? overproduction; stock guess Protectionism ( using tariffs) Canada retaliated ? spurn in international trade firmly hurts Canada (2nd worst gain in world, after US) ? SO not AN OVERNIGHT riddle CAUSED BY STOCK MARKET disunify!

Effects of the Great Depression Stocks, production, wages, GNP, imports, exports, all decline notwithstanding unemployment increases to 20-25% nationally (1933) Hardest Hit The Prairies combine factors: natural disasters (drought, grasshoppers, etc.) The Political receipt - King Do nothing! agreement the budget and cut back spending Not a v cent mankind to any Conservative provincial establishment But had to showcase elec tion 1930 Election Fought on leadership! come in R.B. Bennett (Conservative) makes tariffs and unemployment the key issues Five cent piece comment molt in Kings face Bennett victorious loosely on rural vote! The Political Response R.B. Bennett track of Conservatives one man show Also personal selflessness Bennetts Policies Simply not enough Unemployment Relief mask (1930) - $20M for fireman (mostly...If you want to get a full essay, graze it on our website: BestEssayCheap.com

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