Depression
Years of the Depression
Drought on the Praries
Buying on Margin
Hard Times Hits Canada
100
The depression was caused when the Montreal stock crashed.
What caused the depression?
100
The depression hit the entire country.
Which country did the depression hit?
100
The bought stocks on margin.
What did the Canadian's buy?
100
They couldn't afford to pay rent.
Why were people evicted from their homes?
200
They were evicted from their homes and forced to live on the streets.
How did the Canadians suffer?
200
October.1929
In what year and month did New York, Toronto, and Montreal stock markets crash?
200
They were hit by a disastrous drought.
What were the prairies hit by?
200
They were hoping that they could make quick profit when prices went up.
What were the Canadians hoping for while buying on Margin?
200
Because the economy was bad and there was no jobs they could do, most people worked at factories.
Why couldn't they afford to pay rent?
300
Many countries made Canada products more expensive and harder to sell in other countries.
What caused the Canadian economy to slow down even more?
300
Canadian farmers.
What Canadian occupations went bankrupt?
300
It started in 1928.
In what year did the disastrous drought start in?
300
These people were financially ruined when prices plummented.
What happened to the Canadians after buying on margin?
300
Private charities helped out.
Whom helped whose who were desperate and in need?
400
The Canadian economy was heavily reliant on the sale of products such as wheat, fish, minerals, pulp and paper.
What was the Canadian economy most heavily reliant on?
400
In 1920's.
In what year did the Canadians see the stock market as an easy way to get rich?
400
It lasted for almost 8 years.
How long did the disastrous drought last for?
400
Their stock market collapsed.
What happened to their stock market?
400
The government helped out but you need to prove that you literally have nothing.
Who also helped out?
500
They were fascinated because they were living a wealthy life.
How was the public's expression on their stocks?
500
1929, 1931, and 1933-37
In what year did the Canadian farmers go bankrupt?
500
There were constant dust storms and millions of hectares of fertile topsoil that blew away.
What else made the drought worse?
500
No, buying on margin was a major cause of depression.
Was buying on margin a good investment?
500
Men were desperate for jobs that they would even travel across the country, hopping on trains, and sleeping in jungles.
How were men desperate for jobs?
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