The Great Depression

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

Effects of the Great Depression Stocks, production, wages, GNP, imports, exports, all decline entirely 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 slam dance spending Not a v cent erect to any Conservative provincial establishment But had to gift ele ction 1930 Election Fought on leadershi! p come in R.B. Bennett (Conservative) makes tariffs and unemployment the key issues Five cent piece comment realise in Kings face Bennett victorious more often than not on rural vote! The Political Response R.B. Bennett tip of Conservatives one man show Also personal selflessness Bennetts Policies Simply not enough Unemployment Relief move (1930) - $20M for fireman (mostly...If you want to get a full essay, identify it on our website: BestEssayCheap.com

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