The Great Depression 4

A detailed Summary of The Great Depression 4


Few countries were so severely affected as

Canada was by the depression of the 1930's. During

that time at least a third of the labor force

became unemployed and many Canadians depended on

welfare for survival. Canada, which was rich with

raw materials, had become a great trading nation.

That trade depended heavily on a strong world

economy to buy the exports. The collapse in world

trade hit Canada and particularly the West hard.

To add to the effects of a bad economy,

Saskatchewan was plagued by crop failures and

Leading up to the great depression, times were

quite favorable. In fact world economy was

booming. Western farm crops were productive.

Mining, fishing and lumbering flourished.

Manufacturing was at capacity and employment was

steady. Stock prices were at all-time highs and

prosperity was evident everywhere. The livi


flourish and full employment to follow. This was

available man and woman for the next six years.

an end to the depression. Others believe that a

had always believed that a balanced budget and a

new economic theory, called Keynesian Economics did

depression. Relief camps and soup kitchens were

Canada things were never to be the same again.

Bennett and King was soon shaken. Bennett and King

was not diversified. When the prairie wheat

say massive state expenditures required for war put



Some common words found in the essay are:
Bennett King, , Poland September, Unemployment Insurance, Stock Exchange, Domino Effect, Keynesian Economics, Czechoslovakia Wise, United Canada, Europe Hitler's, world economy, stock prices, bennett king,

Approximate Word count = 614
Approximate Pages = 2 (250 words per page double spaced)

Category: History

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