Show:
Causes
People's Problems
Government Response
Consequences
100
This day saw the collapse of the stock market on October 29, 1929.
What is Black Tuesday?
100
A protest of poor camp conditions led by the Relief Camp Workers’ Union.
What was the On to Ottawa trek?
100
This Liberal Prime Minister made the “5-cent piece” speech in 1930 arguing that relief was the responsibility of the provinces.
Who is William Lyon Mackenzie King?
200
Canada was overly dependent on these for export.
What are wheat, minerals, and pulp and paper?
200
Prime Minister R B Bennett believed these could help “blast” Canada out of the depression.
What are tariffs?
300
This meant that when stock prices fell dramatically, many investors were ruined.
What is buying on margin?
300
Voters' primary concern during the Great Depression.
What is unemployment?
300
The Social Credit Party believed that the way out of the depression was to issue this to each citizen in order to stimulate the economy with consumer spending.
What are "basic dividends"?
400
Allowed the Nazis to rise to power by campaigning they could end its hold on Germany.
What is the Great Depression?
500
How does overproduction result in a slowing of the economy?
Items remain unsold, profits go down, layoffs result in more people with less money to spend, even more items go unsold, the cycle repeats.
500
Why was Palliser's Triangle so badly affected by the depression?
Economic hardships (steeply falling wheat prices and, later, the increased cost of machinery due to tariffs) were compounded by environmental factors. Serious droughts in 1929, 1931, and 1933–37, combined with over-worked soil, meant that fertile top-soil blew away in dust storms. Grasshoppers ate whatever did grow.
500
Why did Bennett propose tariffs, and why didn’t they work?
He thought that high tariffs on imported goods would encourage people to buy Canadian goods and stimulate Canadian businesses. Other countries imposed similar tariffs, so Canadian exports suffered and so did the economy.
500
How do each of these owe their existence to the Depression: unemployment insurance, old age pensions, and equalization payments.
Equalization payments: recommended by the Rowell-Sirois Commission. Old age pensions: originally a Cooperative Commonwealth Federation initiative, revised by Bennett’s New Deal. Unemployment insurance: a Cooperative Commonwealth Federation initiative, revised by Bennett’s New Deal, and changes recommended by the Rowell-Sirois Commission.