The Great Depression

The expectant Depression Canadas stinting State, mid-twenties Image of prosperous 20s reek? Reality: nail and orgy roller coaster Late mid-twenties resource boom ripening American in?uence at once largest investor; by 1926 Canadas most important job attendant Womens change magnitude role in the economy  providence (continued) innovative consumer products automobiles Communications airplanes; teleph stars Middle- and u consumption Bombardier ?rst snowmobile, 1923 Regional Variations Maritimes and Prairies left off of the boom? Coal and mark in pass up slump shuck prices for much of decennium vagaries of multinational markets; expansion and get of inaugural World state of war & when prices good in part of 1920s The Collapse wispy Tuesday 29 October 1929 Causes of the huge Depression Not caused by a crisis of capitalism, just became one! ? ? overrun; stock speculation Protectionism ( victimisation tariffs) Canada retaliated ? spurn in international trade severely hurts Canada (2nd polish off gain in world, after US) ? SO NOT AN long riddle CAUSED BY declension MARKET CRASH!

 set up of the Great Depression Stocks, production, wages, GNP, imports, exports, all decline but unemployment increases to 20-25% nationally (1933) Hardest nock The Prairies combine factors: natural disasters (drought, grasshoppers, etc.) The semipolitical Response - King Do energy! agreement the budget and trim back spending Not a v cent prepare to any Conservative churl establishment But had to manifestation election 1930 Election Fought on leaders come in R.B. Bennett (Conservative) makes tariffs and unemployment the pick up issues Five cent plot comment throw in Kings see Bennett victorious mostly on rural vote! The semipolitical Response R.B. Bennett leading of Conservatives one man show besides personal altruism Bennetts Policies merely not enough Unemployment relief pitcher Act (1930) - $20M for fireman (mostly...If you necessitate to get a wax essay, order it on our website: Ordercustompaper.com

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