Life Of Canada During The Great Depression

The Great Depression was a terrible point in Canadian history, and for most of the world. It was a point in time where thousands of people lost their jobs, and even lost their homes because of the depressed economy. Business was booming in the early 1920s, but when companies tried to expand, and therefore issued stocks, the economy was thrown off. Some investors sold their stocks for high prices, and as a result, everyone else followed. With less of a demand, stock prices became fractions of what they used to be, and on October 29, 1929, the New York Stock Exchange collapsed, followed by the Toronto and Montreal Stock exchanges. This collapse of the stock markets caused a depression like which the world had never seen before. It was

“Growing up in a time when all you worry about is if your family will be able to make it through to the next day is definitely a very scary and difficult time to live in” (Vonder Haar). My great-grandpa had this to say to my grandpa about growing up during the great depression. For many people in America from the 1930s to 1940s, life was a constant struggle. The people living in the Midwest, especially St. Louis, knew much too well how difficult it was to live through the great depression. When great-great grandpa first came to St. Louis from Germany he purchased a farm. From that point on, my family struggled to maintain the farm that would still exist today. Many people were affected by the great depression. Throughout the time period before

Most say the onset of the Great Depression was spurred on by the stock market crash. Although economists don’t think that it was the only reason for Canada being in such a terrible state. In the 20s, people had, in their spending frenzy, bought large quantities of stock though credit, stock that they could not afford. People owed money to businesses and banks, and accumulated debts that they couldn’t pay off. In 1929, when it came time to pay, they didn’t have the money, and profits dropped drastically. The values of the stock became completely worthless. With no money and no jobs, people had to leave their homes either because they couldn’t pay for them, or they moved to search for a job.

The depression years of 1929 - 1939 proved to be the worst, and some of the best years for Canada and Canadians. It was a time of extreme highs and lows socially, emotionally, and economically. It was a time that Canada came into her own being on the world wide stage.

Canada in the 1930s was in a state of economic depression and the people, notably living in the west, were finding it difficult to secure a source of income. R.B. Bennett was elected as Prime Minister by Canadians in 1930 on the basis that he would end unemployment, but by 1932 his government was seemingly overwhelmed by the persistence of the Depression and was becoming

Firstly, When Richard Bennet came into power, he created what is known Relief Camps. They were in place so that problems of transients would no become a bigger problem. These men who worked were given food, shelter, army style clothing and .25₡ per day also these camps were built deep in the wilderness, away from towns and cities. This plan by Richard Bennett backfired because the relief camp workers rebelled which cause the On-to-Ottawa Trek and these camps gave no hope for a better future also showed that Bennett could not solve the problem of the transient. Secondly, During the Great Depression, there was increasing unemployment rates in every province some higher than the others because of how much they invested in the stock market. Due to rising unemployment levels, people from different communities started to leave their communities for a job elsewhere like other communities which created the issue of transients. Living in Canada even worse because they brought in fear and danger of being robbed because they do not have anything. Thirdly, Many people during this time were encouraged to “Buy now and Pay later” basically buying everything on credit and pay it later. Because of this, many families found themselves hopelessly in debt through buying on credit. With interest payments, many products ended up costing far more than what it was worth. Life in Canada difficult because many were in debt and

The Great Depression of the 1930's is a benchmark for all depressions and recessions in the past and in the future. In the booklet "The Great Depression of the 1930s in Canada" , Michiel Horn gives an intellectual dissection of the events that occurred during the Great Depression. Michiel Horn's approach leaves the reader with a foul taste for the Dirty Thirties. This essay will summarize Michiel Horns key points as well as discuss the ability of Michiel Horn to report his findings.

The Great Depression has to one of the most “Depressing” time that America has ever been through thus far. I say that because that specific event hit directly at home and pretty much everyone was affected. At the end of this event many changes in organization of government and relief/recovery efforts for unemployed people. President Roosevelt sought out to help this people, creating new organizations made specifically for a certain help. Under his rule the entire government had went through a type of renovation through his efforts.

The Great Depression had many effects on people in America. If you lived in the 1930s you would have a tough time.

“At one point in the Depression, the cupboard was literally bearing of money.” What effect did the Great Depression have on the people who lived through it? The jobs they had, how they had to use their money, and the help they had to get.

The Great Depression also is known as the Dirty Thirties happened in the 1930s. It left Canada and the world in shock. Millions of Canadians were without jobs, and many became homeless. Countries across the world were affected by the Depression, such as the U.S.A. The USA was hit the hard which affected Canada. USA rely on Canada for fish and wheat when the U.S economy goes down Canada suffers. The U.S didn’t buy any more fish,wheat,minerals,pulp and paper from Canada. Many countries put high tariffs on goods,trading slowed down,people had to pay back their credit money they had borrowed from the government.Farmers were hit the hardest in Canada because if you could not pay for the land you would get evacuated. Droughts and grasshoppers infection started to happen which brought more suffering. Meat prices went up,some stores were closed down,Immigrant dropped 90% violence and crime went up. Men that didn’t have houses were sent to reliefs camps,the military setup 20 000 men to work sometimes works was useful,other times they would make work projects. They got 3 daily meals, work clothes,medical care, and 20 cents a day.The men would work 44 hours of cleaning brush,building roads,planting trees and constructing the public building.On April 1935, 500 men went on strike for better living conditions,more pay and fewer hours this has been just like the Winnipeg general strike. This depression made Canada what it is today,the economy is in better shape,people can find jobs and immigrants are taking over

The economic hardships suffered by Canada were very drastic. The great depression largely affected the Canadian economies.There was a widespread drop in world commodity prices. The Prices dropped because of the Smoot-Hawley Tariff signed by U.S President to raise all duties and tariffs on items entering the U.S. Which Meant that less items were being shipped out and businesses were losing money. For example, by 1932 Canada's per capita gross domestic product fell 34.8 percent. To be more specific; the price of lumber dropped 32 percent from 1929 up until 1932. That is 10.6 percent per year. Moreover, With the result of the Smoot-hawley tariff act it did affect a large number of farmers in the West.

The Great Depression was a devastating predicament, with consequences affecting counties all around the world. North America was a region that was hit particularly hard during this time in history. Many people were left unemployed, hungry and often homeless. Losses of jobs, savings and declines in the economy were widespread, stretching from one coast of the nation to the other. With an unemployment rate at the time of 26.6%, majority of the population was forced onto relief, for example, in Saskatchewan, losses forced “66% of the rural population onto relief” (Struthers, 2013, November 7a). The era experienced the lowest population growth in Canada since the 1880’s, with the number of immigrants dropping from 169,000 to 12,000 within 5 years,

The Great Depression that occurred in the 1930s marks one of the lowest points in Canadian history. The country struggled in many ways and survival became especially difficult. The Prairies were hit hard during this crisis. Relief camps designed to aid were demanding and severe. Along with this, poverty became awfully common throughout the decade. During the Great Depression, Canadians were faced with a variety of challenges including the Dustbowl that occurred in the Prairie provinces, harsh conditions in relief camps, and immense poverty.

This was the most miserable period in their history. The Great Depression began in 1929 and ended in 1939. During these long ten years it cannot be denied that Canada went through a very harsh times. They went through hard times, as it is described in an old song adapted by William James Emberley of Bay de Verde: