Causes of Depression
What is Black Tuesday?
(Mention the year, but you don't need to know the full date)
The day the stock market crashed in 1929
(29 October 1929)
This Prime Minister won the 1935 election with the slogan "King or Chaos".
William Lyon Mackenzie King.
Prosperity, recession, depression, recovery
This group faced severe restrictions on immigration during the 1930s due to antisemitic sentiments.
Jewish refugees
What is overexpansion of agriculture?
When more wheat was produced than was being sold.
Mackenzie King promised to restore what during the 1935 election?
Economic health.
This term refers to improvised vehicles used during the Depression when Canadians could not afford gas, and used horses to pull their cars.
Bennett Buggy
This act required Indigenous people to have a permit to leave their reserve lands
What percentage of banks failed in Canada between 1929 and 1933? What significance did it have?
Over 10% of banks failed. It led to nationwide panic and loss of savings.
This policy involved sending single, unemployed men to remote camps for work. What are the camps known as?
Relief (or work) camps.
This environmental challenge made agricultural difficulties during the Depression worse.
Drought (will also accept dust storms)
This was a term used for sending people back to their home countries during the Great Depression, a fate faced most by non-British or American immigrants in Canada, particularly if they required government assistance.
Deportation
What was the impact of tariffs on Canadian products?
It made them too expensive. People could not afford Canadian products, and it made the Depression in Canada worse.
This 1935 event involved a group of men from relief camps travelling to protest their living conditions and wages. What is the event known as?
The "On-to-Ottawa Trek".
This widespread problem in the early 1930s saw many financial institutions fail, leading to a loss of savings and a crisis of confidence in the system.
Banking crisis.
Christie v. York was a Supreme Court case that confirmed buisinesses in Canada could legally refuse service to which group of people?
Black Canadians
What is overspeculation in the stock market?
When the demand drives the value of a stock higher than the actual worth of the company
In 1935, this Prime Minister introduced a program to fight the Depression, copied from the American approach. What was the program called?
Bennett's New Deal.
This risky stock (stonk😉) market strategy of the late 1920s allowed people to pay a fraction of a stock's price, borrowing the rest.
Buying on margin
This act, passed by the Canadian Parliament in 1923, banned most forms of immigration from China to Canada, adding to the restrictions of an 1885 act that imposed a head tax on Chinese immigrants
Chinese Immigration Act (1923)