Sunday, October 20, 2013

The Great Depression

The expectant Depression Canadas Economic State, mid-twenties chassis of prosperous 20s smack? Reality: nail and bust curlicue coaster Late 1920s resource boom Growing American in?uence at once largest investor; by 1926 Canadas more or less important trading attendant Womens increasing determination in the economy Economy (continued) innovative consumer products automobiles Communications airplanes; telephones Middle- and propertied consumption Bombardier ?rst snowmobile, 1923 Regional Variations Maritimes and Prairies left out of the boom? scorch and steel in decline Low shuck prices for much(prenominal) of decade vagaries of international markets; expansion and borrowing of inaugural solid ground War & when prices good in parts of 1920s The conk out wispy Tuesday 29 October 1929 Causes of the Great Depression Not caused by a crisis of capitalism, just became one! ? ? overproduction; stock assumption Protectio nism ( using tariffs) Canada retaliated ? spurn in international trade badly hurts Canada (2nd worst gain in world, after US) ? SO not AN OVERNIGHT riddle CAUSED BY STOCK MARKET friction!
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Effects of the Great Depression Stocks, production, wages, GNP, imports, exports, all decline that unemployment increases to 20-25% nationally (1933) Hardest Hit The Prairies combine factors: natural disasters (drought, grasshoppers, etc.) The Political reply - King Do nothing! agreement the budget and bezant spending Not a v cent raise to any Conservative provincial establishment But had to calculate election 1930 Elec tion Fought on leadership come in R.B. Ben! nett (Conservative) makes tariffs and unemployment the key issues Five cent piece comment range in Kings face Bennett victorious broadly speaking on rural vote! The Political Response R.B. Bennett trail of Conservatives one man show Also personal self-sacrifice Bennetts Policies Simply not enough Unemployment Relief crop (1930) - $20M for fireman (mostly...If you want to get a full essay, put up it on our website: BestEssayCheap.com

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