Show:
Stocks
Protectionism
Buying on Margin
Overproduction
Dependence on other Countries
100
Units of ownership in companies
What is stocks?
100
the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports
What is protectionism
100
buying stocks with a small down payment and a big loan in the hope of making a quick profit when prices went up
What is buying on a margin
100
as the economy improves, businesses responded by increasing production, but they produced more than was demanded
What is overproduction
100
During the 1920's Canada's economy became increasingly dependent on this country
What is the US
200
People involved in the stock market trade who started selling their stocks in order to cash in on high profits
What is cautious investors?
200
An example of protectionism in the video
What is tariffs on Canadian fish
200
another term for "buying on margin"
What is "buy now, pay later"
200
examples of goods that sat unsold in warehouses
What is newsprint, radios, clothing, and cars
200
Result of American factories shutting down, unemployment rising
What is the demand for Canadian products dropping
300
the value of stocks fell dramatically
What is a result of the sell-off
300
This made Canadian products more expensive and harder to sell in other countries
What is tariffs
300
The man who warned "a crash is coming"
What is Roger W. Babson
300
the response by companies to overproduction
What is slowed production and laying off workers
300
Lumber, paper, wheat minerals
What is products the US no longer imported from Canada
400
October 24 1929
What is Black Thursday
400
Lesson of the stock market crash according to Prof. Irving Fisher
What is, if you buy stocks, buy them with your own money, and not with borrowed money
400
increasing employment and raising wage levels-enough demand has to be created so that industry can rebuild
What is the solution to the overproduction cycle
400
the 4 western provinces (Alberta, BC, Manitoba, Saskatchewan)
What is the provinces most heavily impacted by collapse of world trade?
500
the number of shares sold on Black Tuesday
What is 16.4 million
500
Examples of government programs that create jobs and support growth of the economy
What is social security, banking regulations, and unemployment insurance
500
The reason why the 4 western provinces were so impacted by the collapse in world trade
What is the dependence almost exclusively on primary product exports