Canada During The Great Depression

The 1920’s, known for its fantastic times for the Canada. People were buying expensive things such as automobiles, toasters and investing in the stock market to make big money. Because of that people lived lavishly, until the 1930’s the Great Depression which affected many nations like Canada in many ways and made it the worst time to live. The 1930’s was the worst time to live in Canada because we had been affected Politically, Socially and Economically

The Great Depression was a terrible point in Canadian history, and for most of the world. It was a point in time where thousands of people lost their jobs, and even lost their homes because of the depressed economy. Business was booming in the early 1920s, but when companies tried to expand, and therefore issued stocks, the economy was thrown off. Some investors sold their stocks for high prices, and as a result, everyone else followed. With less of a demand, stock prices became fractions of what they used to be, and on October 29, 1929, the New York Stock Exchange collapsed, followed by the Toronto and Montreal Stock exchanges. This collapse of the stock markets caused a depression like which the world had never seen before. It was

Why did this every have to happen to the world? The great depression struck everyone in the U.S.A. it was very bad on the economy. There were many reasons of this like people taking their shares out of the stock market, the banks are losing money, and people with the last hired first hired policy.

The Canadian economy grew to an impressive scale during the 1910’s and 20’s but this was due to the country being established. Agriculture and tradesman ship were encouraged to grow so that the country did not have to rely on the imports from other countries. During the Great War it was very common to stockpile almost every item you could obtain. The war was initially intended to be a short lived one but Canadian became increasingly unsure during these times purchased everything that they could. Then the war ended but the demand for products had declined. If demand decreases then so will the price of the product. Those who profit off selling the products have reduced so much that they are no longer profitable and in most cases it is easier

“At one point in the Depression, the cupboard was literally bearing of money.” What effect did the Great Depression have on the people who lived through it? The jobs they had, how they had to use their money, and the help they had to get.

The Great Depression had many aspects that made it one of the harshest times for people around the world. It began on October 29, 1929. Jobs were hard to find, the economy was in terrible conditions, and lots of people were homeless and dying of diseases. Some of the key players in ending the Great Depression were Franklin D Roosevelt and Mary McLeod Bethune.

As in much of the world, the period 1929-1939 proved to be an extreme social and economic low for Canadians. As a result of

The Great Depression has to one of the most “Depressing” time that America has ever been through thus far. I say that because that specific event hit directly at home and pretty much everyone was affected. At the end of this event many changes in organization of government and relief/recovery efforts for unemployed people. President Roosevelt sought out to help this people, creating new organizations made specifically for a certain help. Under his rule the entire government had went through a type of renovation through his efforts.

The US was deep the Great Depression. Business was unstable and people were afraid. Many believed this was more than a Business depression it was a greater depression of the American people. They were losing faith that Democracy could work well for America and restore them to a prosperous way of life. Franklin Roosevelt (FDR) needed to inspire the nation to be brave, fearless and to take action!

The Great Depression time period took place between the years 1929 and 1939 and it affected millions of Americans through all its time. Several people like Herbert Hoover, Franklin Roosevelt, and Dorothea Lange served an impact during this time. The stock crash of this time period left a decade of consequences for the lives of many Americans. The economic plumet of the 1930’s can also be related to our economic standings today.

Understanding the brunt of the situation, The response and actions of Canadians during the great depression may be seen as inefficient. Notably, the economic downfall of regions across Canada and Federal negligence towards struggling citizens had influenced regionalism, resulting in the isolation amongst the regions of Canada. Evidently, as the maritime and central region of Canada fall due to the loss of agricultural, bankruptcy, and distraught, rebelling members of the liberal and conservative party had joined Maurice Duplessis in forming the Union National. With the intention of aiding and benefitting the francophone regions of Canada (Quebec), other regions were left in economical distraught. The union had strengthened due to its region

The Great Depression hit the U.S. and Canada with a force that sent their governments scrambling to try to pull their respective countries back together. In many ways the Great Depression was the great divider of the people and the government. Both countries faced protests, mass unemployment, and wrecked economies. How the leaders of both countries responded to these issues made all the difference when it came to the country's ability to rebuild after the Great Depression.

The 1950s and 1960s were widely recognized as the second “Golden Age” after the 1920s. However, it is questioned whether it really was a period of growth and stability for all the citizens of Canada. Many French Canadians have brought up the question about if their rights and needs were properly recognized by Canada during this time period. The needs of French Canadians were met to an extent by Canada in the 1950s and 1960s because of the inclusion of their culture, the economic standing of French Canadians, and the unification of Canada as a country.

The Statute of Westminister allowed Canada to make their own laws and regulations. Britain couldn’t rule Canada, but the Privy Council in Britain is still higher than Supreme Court of Canada. The document was signed in Britain since Canada was still part of British Empire at the time. Britain passed the Statute of Westminister on Dec. 11, 1931, and Canada gained complete independence. This Statute affected not only Canada but five more colonies, the Commonwealth of Australia, the Irish Free State, the Dominion of Newfoundland, the Dominion of New Zealand, and the Union of South Africa. The provinces and federal government couldn't agree on making changes to the B.N.A. Act and freedom would be given to the countries under the British Ruling. To be able to do things that they wanted to do, weren't forced to do anything. Canada was now able to govern itself on its own rather than with the help from Britain & it became a self-governing nation. It was the first time that Canada wasn't controlled by any other country. This was a

The America in the 1930s was drastically different from the luxurious 1920s. The stock market had crashed to an all time low, unemployment was the highest the country had ever seen, and all American citizens were affected by it in some way or another. Franklin Delano Roosevelt’s New Deal was effective in addressing the issues of The Great Depression in the sense that it provided immediate relief to US citizens by lowering unemployment, increasing trust in the banks, getting Americans out of debt, and preventing future economic crisis from taking place through reform. Despite these efforts The New Deal failed to end the depression. In order for America to get out of this economic