Causes
Crash
Consequences
Response
Effectiveness
100
When industries produce more than they sell, which causes prices to decrease.
What is overproduction?
100
Nickname for the day when the market crashed
What is Black Tuesday?
200
The leader of the Social Credit Party
Who was William Aberhart?
200
with this speech, Mkencie-King denied help to the provinces
What is the five cent speech?
200
The low wages at work camps.
What triggered the On to Ottawa Trek?
300
"Buy now, pay later" was the motto for this new type of sales where you acquire a product and the price is paid along an extended period of time
What is buying on credit?
300
This is how unemployed workers moved around the country to find a job?
What is riding the rods?
300
Because, in BC, this reform gave people more time and money to spend to reactivate the economy.
Why did the "Little New Deal" work?
400
With a small down payment and a big loan, expecting the prices to raise and make a fast profit to cover the loan.
How do you buy on margin?
400
Because professional brokers started doing it?
Why did people start selling stock market's products?
400
These are the terms for the "Little new Deal" Proposed by Dufferin Pattullo in BC
What are shorter work days, increase of minimum wages and the increase of relief's payments?
500
These 3 actions lead a country to a bankrupt
What are overproduction, excessive reliance in foreign markets and bad government administration? *Also accept protectionism and economic bubbles.
500
The stock market dropped and crashed in only 1 day
What happened when the major investors at the stock market sold all their actions following the steps of professional brokers?
500
Two ways R.B. Bennett attempted to get Canada out of the Depression.
Why were tariffs raised and work camps for single unemployed men created?
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