More good are produced than being sold, leading to a decrease in production and increased unemployment.
What is Overproduction?
100
The country which Canada economically depended on and as a result had a similar experience with during the depression.
What is U.S.A.?
100
The consequence of prosperity and overproduction.
What is recession?
200
The type of resources which Canada was highly dependent on and occupied 80% of exports.
What is primary resources?
200
One of the factors which added on the depression in the prairies due to the dependence on primary resources.
What is drought?
200
The result of Mackenzie King's "5 cents speech" that was about King's belief that the Canadian government should not give unemployment benefits to provincial governments.
What is losing the election?
300
The system using tariffs to raise the price of imported goods to protect domestic producers.
What is protectionism?
300
The use of ... to raise the price of imported goods caused Canada to be "vulnerable" to international economic conditions: the depression.
What is tariffs?
300
The group of people who were being severely discriminated against and were the last to be given a chance of employment due to the depression.
What is immigrants/Jews?
400
The act of buying stock market shares with 10% down-payments, assuming that as the stocks rise 90% would be paid.
What is "buying on margin" or speculation?
400
Countries who borrowed money from U.S.A. could not pay off their debts due to the decrease of ...
What is global trade?
400
A global factor that effected the great depression in U.S.A. and therefore effected the Canadian economy.
What is international debt (from WW1)?
500
The "solution" R.B. Bennett proposed during the depression to help the community by: progressive taxation; worker insurance protection against illness, injury, and unemployment; old age-pension, etc.
What is The New Deal?
500
The leading, most effecting, cause of the depression.
What is The New York Stock Market Crash (on Black Tuesday Oct 29, 1929).
500
The name of the report of Royal Commission which examined the economy and federal-provincial relations in Canada during the depression; recommended equalization payments and that federal government should bear responsibility for unemployment insurance and pensions.