This section contains 507 words (approx. 2 pages at 300 words per page) |
The Great Depression and Its Impact on Canada
There were many factors, which caused and deepened the depression. The aftermath of war created some problems in Canada that weren't there before the war. This period also known as the "Interwar Years" was when depression struck across the world.
Unemployment was a large factor. Due to over production, factories panicked and laid off huge amounts of workers. As the depression became worse, so did unemployment. As there was no such thing as employment insurance or welfare payments, when more and more workers were laid off, there was a decline in demand, which caused the depression to deepen. In Canada, citizens reacted in different ways. Some people sold products door-to-door, some panhandled, some approached churches & charities for help, some "drifted" in search of employment, and some had to go to the last resort and collect public relief called...
This section contains 507 words (approx. 2 pages at 300 words per page) |