Why did King get replaced by Bennett?
People felt that King did not care about their suffering.
Why were the newer parties more favoured?
Voters felt that they had fresh ideas that would help them out of the Depression.
How long did the drought in the Prairies last?
Almost 8 years.
What was "pogey"?
"Pogey" refers to the government relief payments for people who had no other source of income.
What is October 29, 1920 also known as?
Black Tuesday.
What made the stock markets in 1929 crash so suddenly?
Too many stocks and shares were bought in a short time frame.
When was the height of Depression?
1933.
What percentage of Canadians were living in poverty by 1933?
Nearly 25%.
Canadians bought stocks on margin in order to make profit when prices went up. How did this affect them when the market collapsed?
These people were financially ruined and went bankrupt.
How did overproduction affect the economy?
Overproduction meant that businesses laid off workers because they were no longer needed, which in turn meant that they did not get any money to spend. This slowed the economy.
Why was King thrown back into power, even though people found that he was no better than Bennett was?
Voters were fed up with Bennett's inability to solve their problems, and perhaps they felt that King would have improved in the five years that he was not in power.
Why is William Lyon Mackenzie King considered to be one of the most important prime ministers of the century, even though he did little to improve conditions for the poor and unemployed?
He eventually established social programs such as unemployment insurance, old age pensions, welfare, and the family allowance.
What impact did the extended ruling of the Social Credit Party in Alberta leave behind?
It became the world's first Social Credit government. Alberta was replaced by social credit fundamentalism, as well as conservative financial and social policies.
How did the Great Depression affect the wealthy Canadians?
They noticed little change in their lifestyles.
The federal government passed the Prairie Farm Rehabilitation Administration Actin 1935. However, by this time, drought and poverty already took over so the farmers moved elsewhere. Why had the government not implemented this Act earlier?
The government at this time was ignorant of these issues and did very little to support the people who suffered. They were not able to come up with effective solutions at the time of need.