Shop 'Till You Drop
What was the name of the famous mail-order catalogue used by rural Canadians? (also known as the "Homesteader's Bible")
The Eaton’s Catalogue
What was the four-word slogan used to encourage people to buy things on credit?
"Buy Now, Pay Later"
What was the most affordable and popular car in Canada in the 1920s?
Ford Model T
What was the day the stock market crashed (October 29, 1929)?
Black Tuesday
What is the highest point of the business cycle?
The Peak
What were the massive department stores in cities called?
Cathedrals of Commerce
What do you call the system of making a down payment and then monthly payments?
Installment Plan
Which device brought music and news into the home for the first time?
The Radio
What was the risky practice of buying stocks with only 10% down?
Buying on Margin
What are products made in Canada and sold to other countries called?
Exports
What is the term for the extra money people have left after paying for food and rent?
Disposable Income
Which industry used psychology to turn "wants" into "needs"?
Advertising
What power source was finally being wired into most city homes?
Electricity
What do you call a stock market where prices are going up?
Bull Market
What is the phase where the economy is growing and creating jobs?
Expansion
What was the pricing policy where everyone paid the same amount with no haggling?
Fixed Pricing (or "One Price for All")
What financial burden did most Canadians have by the end of the 1920s?
Debt
What new machine revolutionized how laundry was done?
Electric Washing Machine
What were U.S.-owned factories built in Canada called?
Branch Plants
What is a period of at least 6 months where the economy shrinks?
Recession
What is the term for buying expensive things just to show off your wealth?
Conspicuous Consumption
What is the name of the extra fee you pay for the privilege of borrowing money?
Interest
What 1921 Canadian medical invention became a huge export?
Insulin
What is it called when factories make more goods than people can buy?
Overproduction
What is the lowest point of the business cycle?
The Trough