Causes 1
Consequences 1
Other
100
Overproduction
What is produced more than the demand?
100
People who do not work/do not have a job.
What is unemployment?
100
1929-1939
When was the Great Depression?
200
Stock market crash of 1929
What seriously impacted the Great Depression but did not cause it?
200
Term given for the extreme droughts and dust storms in the prairies?
What is Dust Bowl?
200
A long-lasting economy crisis.
What is the Great Depression?
300
Bank failure caused people's savings which lead to a economy crisis.
What is the effect of Bank Failures?
300
The Great Depression lead to another world catastrophe known as ....
What is WWII
300
The act of borrowing money in order to buy stocks.
What is Buying on Margin?
400
A political party that formed the first social-democratic government in North America.
What is Cooperative Commonwealth Federation?
400
Farmers suffered droughts and grasshopper plagues and with the price of the products falling, farmers were desperately poor and hunger starts to become a major problem.
What is the main difficulty for the prairies during the Great Depression?
400
The person who responded to the Great Depression with economic nationalism at first.
What is Prime Minister Bennett's?
500
Factories and farms were producing more than what people could afford, therefore the price kept lowering which lead the production to stop.
What was one of the main cause of the great depression and how did overproduction contribute to the Great Depression?
500
Over 25% of Canadians were umemployed, people were evicted from their homes. Ultimately, Canada's economy crashed, all exports and industries failed. People's life were miserable.
Explain how did the Great Depression affect Canada during the "Desperate Years”?