Which provinces were particularly severe because of dust storms by the mid-spring?
100
Mackenzie King
Who was the person who did the "Five Cent Speech" in 1930?
200
A period of extreme economic and social hardship, massive unemployment and terrible suffering.
What is the Depression?
200
People suffered and the prices fell.
What happened to Canadian people and prices when other countries sold the same products?
200
False
A. The men worked on projects such as building roads, clearing land, and digging drains.
True or False
Q. In the Work Camps, the men worked on projects such as making food for the upper class.
300
"Pogey"
What is the term for people meaning the government relief payments given to those who had no alternative source of income?
300
1. Wheat
2. Fish
3. Minerals
(4. Pulp)
(5. paper)
What is the primary products that Canada depended on? Name 3 of them.
300
It did not work out and the economy still did not improve.
When the "New Deal" came out, how did it influence the eocnomy?
400
Buying on margin.
What is the major cause of the Depression? (Hint: They bought stocks...)
400
The value of stocks fell dramatically.
What happened to stocks when some investors started selling their stocks to get high profits when the Depression just started?
400
In 1930, the Prime Minister said that social welfare was the responsibility of the provinces and he would not give a "five-cent" to any province that did not have a Liberal government.
What is "Five Cent Speech"?
500
Protectionism is a system that many countries put tariffs on imported goods, and tariffs made Canadian products more expensive and harder to sell other countries. It slowed the economy down even more.
What is protectionism, and how did it affect to the Canadian economy?
500
1. Too many products and too few buyers
2. Items go unsold
3. Workers get laid off; businesses close
4. People have less money to spend
5. Fewer products are sold
6. More businesses close; people lose their homes and possessions
7. The economy worsens
What is the process of the Depression? List the 7 steps.
500
1. He raised tariffs to protect Canadian industry.
2. He created work camps for single unemployed men.
Name two ways R.B. Bennett attempted to get Canada out of the Depression.