Credit
Mackenzie King
Relief Camps
Cooperative Commonwealth Federation
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100
Buying on credit mean't purchasing or investing money that was not your, and paying an interest on the money until the debt was payed.
What does buying on credit mean?
100
Mackenzie King openly disregarded the notion of aiding the unemployed in Canada with his "Five Cent Speech".
Why was Mackenzie King not elected in 1930?
100
Most of the single men that were voluntarily forced into the camps felt a deepening anger towards the program.
What was the general feeling towards Relief camps by the labours?
100
The Cooperative Commonwealth Federation was formed in 1932.
When was the Cooperative Commonwealth Federation formed?
100
October 29, 1929
When was the stock market collapse?
200
The people who received loans from banks were even further in debt.
What did the depression mean for people that took loans, as compared to those who did not?
200
Despite Mackenzie King's adamant opinion on the depression, he created the National Housing Act and National Employment Commission to aid the homeless and unemployed.
When Mackenzie King was reelected in 1935, what were his actions for solving the unemployment issue?
200
Mackenzie King terminated the programs due to the large request by labours.
Who terminated the Relief Camps program?
200
The Cooperative Commonwealth Federation supported social programs such as income assistance, and publicly funded health care to help those in need
What did the Cooperative Commonwealth Federation stand for/against?
200
The market crash of October 29, 1929 on Wallstreet.
What does the term "Black Tuesday" represent?
400
"Buy now, Pay Later" was a motto used by people giving loans to people investing in stocks or spending at their leisure.
What was "buy now, pay later" a motto for?
400
Mackenzie King said that social welfare was the responsibility of the provinces and he would not give a "five-cent piece" to any province that did not have a Liberal government.
What did Mackenzie King say during his "Five Cent" speech?
400
The Relief Camps were a way to keep the unemployed busy and to deter them from Communism, while in camp the men were isolated and were not allowed to vote.
Why were the Relief Camps installed?
400
The Cooperative Commonwealth Federation's platform was the Regina Manifesto.
What was the Cooperative Commonwealth Federation's platform?
400
Many people invested heavily into stocks who's true value was exaggerated, many of the safe investors sold their stocks while the profit was high, many investors follow their after. Panic ensued as seller's stock value dramatically decreased, leading them to sell in mass, thus collapsing the market.
What was the precursor to the market crash of October 29, 1929?
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