Borrowing money from a stock broker to purchase stocks
What is buying on margin
100
October 29th, 1929
What is Black Friday, the stock market crash
100
Led to thousands of people being laid off
What is overproduction
200
When people were worried and sold their stocks too quickly at stable prices what happened?
What is the cause of the dramatic drop in stock prices
200
producing more goods than society is able to consume or needs
What is overproduction
200
Foreign countries response to the high tariffs set on Canadian goods
What is protective tariffs
300
When the stock market prices began to fall
What is people panicking and selling stocks to get out of the market
300
As the depression began there was a decrease in the need for Canadian staples
What is Canada's dependance on fish, wheat, minerals, pulp and paper
300
People whom were not able to pay of their credit purchases fast enough and ended up paying much more than what the product was worth
What is debt
400
Loaning money to purchase goods and slowly paying back the bank
What is buying on credit
400
Because of the worldwide dependance on Canadian export, these were imposed on exported goods to try and avoid economic depression
What are high tariffs
400
People whom borrowed too much from the bank to invest
What is bankruptcy
500
Societys' response to the economic crisis
What is voting put the existing government
500
Canada's biggest trade partner, and Canada relied heavily on the prosperity of their economy
What is Canada's dependance on the U.S.
500
People risking their lives to travel to other parts of Canada on the train to try and find work because there was no work where they were already living