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Lasting impact of the great depression on canada
Lasting impact of the great depression on canada
Impacts of the great economic depression
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The Great Depression was a crisis that had an impact at an international scale, and Canada had a very difficult time dealing with the big issues. There was an abundance of built up failures and a large economic downfall that made this the biggest economic downfall in Canadian history. The crash of the stock market, the tragedy of many families who were left in debt and without a job or money, the effect on single men and women, and the additional problems for people living in western Canada. The start of the depression is correlated to the date October 29, 1929, which is also known as "Black Tuesday". This was the day the stock completely crashed. This was caused by the constant selling of stocks, which started on October 10, 1929, when stocks …show more content…
A large proportion is the families, especially the father who was the one usually looking for work, struggling to pay bills and provide food and shelter to their loved ones. That specifically caused married women to be fired to try to provide jobs for men. Though women didn’t participate in the workforce they had the stressing job of working at home this was especially taxing for the women who weren't yet accustomed to the lifestyle of a housewife. Plus there very often wasn’t a stable income or work position for the working man. There were multiple situations where men would look for jobs anywhere and at the time if somebody was hiring men for labor he wouldn’t need a number of workers who showed up, leaving dozens disappointed and without a source of income for the day. Though there were other ways to obtain money, for example taking government loans, due to pride, the judgment of their friends and acquaintances, and people refusing to admit that they couldn’t provide for their loved ones many of the suffering families did not take advantage of this option. This was the downfall of a multitude of Canadian families during the …show more content…
To start off many of these citizens were denied jobs simply so married men could be given jobs to provide for their wives and children. To add on to this most men would have to “Ride the rails” which meant to hitch a ride on a train to multiple locations trying to look for jobs. Plus later men would go to work camps which had hard manual labor for low pay. Women struggled immensely compared to men in that situation especially women who had husbands who had previously died or were divorced. These women not only had to fend for themselves but also had to take care of their children with extremely low chances of work anywhere. Even if a woman searched for employment or government relief they risked the high possibility of public scorn or worse for “taking jobs from deserving men”. Here it is shown the suffering of the single men and women during this time of
Hollingsworth and Tyyska discuss the employment of women in their article, both wage work and work performed outside of the “paid labour force.” (14). They also look at work discrimination of women based on gender and marital status. They argue that disapproval of married women working for wages during the Depression was expressed not only by those in position of power, such as politicians, but also by the general public and labour unions. They suggest that the number of women in the workforce increased as more young wives stayed working until the birth of their first child and older women entered the workforce in response to depression based deprivation. Hollingsworth and Tyyska also give examples of work that married women did that was an extension of their domestic duties such as babysitting for working mothers or taking in laundry. They also state that some women took in boarders, sold extra produce from gardens, or ran make-shift restaurant operations out of their homes.
During the 1930's in Prairie Canada, the Great Depression created harsh conditions and it was a struggle until it ended. The event which triggered the Great Depression was the Stock Market crash of October 24, 1929 in New York. Another important cause was that: Later in the 1930's, the wide adoption of the gold exchange in many countries was widely criticized as a great mistake which greatly contributed to the severity and length of the Great Depression. 1 In Canada, wheat, the most important export, was being over-produced around the world, despite the fact that the 1928 supply of wheat was still available in 1929.
During the great Depression, many people in the city were unemployed. A third of American farmers lost their land and had to move to city to search for jobs. Many African Americans were unemployed in the south, since white have priority over the job market than African Americans, it’s harder for them to get a job. African American started to move to North to search, but little difference did it make. Many took the position as janitors, street cleaners, and domestic servants. Mexican American and Chinese American were no better off, whites started to take over those jobs for Mexican and Chinese American. Women started to search for jobs as their family needed the money.
Overall, the Great depression was a hard time for most Canadians, and the concept of unemployment insurance brought Canada to the world wide stage. Whether it is Prime Ministers opening relief programs, events which supported the upbringing of our country, the inventions which boosted our economy in giving us more trade, or the Depression in general, the whole period of time starting from the market crash to revival was the event which Canada showed the world that we are strong and not easily crushed. Therefore, the key event in this decade is the Great Depression and the acts towards it.
On the day of October 29, 1929 the Great Depression had begun. This was due to the worth of the New York stock market falling intensely. The Great Depression was a time when Canadians suffered extraordinary levels of poverty due to unemployment. It shaped Canadian’s political views, and also their views about their country and role of the government. Canadians joined together in various new political parties, labor groups and other organizations that represented detailed regional, economic or political interest. Canadians scrambled through the crisis with a makeshift blend of private and public charity. Private Citizens in wealthier provinces recognized the dilemma of Saskatchewan and sent hundreds of carloads of fruit, vegetables and clothing westward. This showed that Canada is a crew of kind and supportive individuals.
... Canadians' trust in their government to handle situations such as this wavered. And lastly, why not do as others had success with? The Americans already utilised the method of spending their way out of a depression, and it had worked for them, at least to a degree. It was enough to save millions of lives and give hope to the people! So why not do as they did? Why wait so long for the situation to be too late to heal? The Canadian government were not very successful in their efforts in dealing with the Great Depression. Replacing prime ministers (twice) and making only minor changes ultimately did Canada no good. The government's poor efforts in their attempts to resolve
Canada suffered its longest and most terrible economic depression in its history between 1929 and 1939. It is now known as the Great Depression. This essay will demonstrate the major causes, political, economic and social consequences, and the government’s solutions from the Great Depression. The Great Depression affected all of Canada and is a key part of our history. It is important that we learn from it so we can prevent it from happening again.
The Great Depression was a period in United States history when business was poor and many people were out of work. The beginning of the Great Depression in the United States was associated with the stock market crash on October 29, 1929, known as Black Tuesday. Thousands of investors lost large amounts of money and many were wiped out, lost everything. Banks, stores, and factories were closed and left millions of Americans jobless and homeless (Baughman 82).
The Great Depression in Canada posed many problems for Canadians. During this period the economy suffered, unemployment rates raised, and farmers struggled through the drought of the Dirty Thirties. The Great Depression truly was an uncontrollable force assisting the shape of present day Canada.
Many Canadians thought the depression was brought about by the wheat crop crash and not the stock market crash because many Canadians and farmers were dependent on the growth of wheat because it made up a majority of their exports, but seeing as the wheat provinces were hit with a severe drought the wheat crops crashed leaving many farmers out of jobs and money, causing a great affect on Canada. The causes of the great depression were due to over-production and over-expansion because Canadian companies expanded their industries of goods so that they could generate more profits. Yet economic activity shrank in the late 20’s and companies were left with a heavier debt and lack of...
Many factories became short-handed and had to hire women to cover the jobs. The factories were very dangerous and unhealthy, and the women were only getting paid half the wages of men. The women were not unionized because the Labor Union said that they had to hire many women to replace one man and that the skilled tasks were broken in to several less skilled tasks. They had no protection, so their lungs and skin were exposed to dangerous chemicals. Many women worked in munitions factories, where they worked with sulphur.
On Tuesday, October 29th, 1929, the crash began. (1929…) Within the first few hours, the price fell so far as to wipe out all gains that had been made the entire previous year. (1929…) This day the Dow Jones Average would close at 230. (1929…) Between October 29th, and November 13 over 30 billion dollars disappeared from the American economy. (1929…) It took nearly 25 years for many of the stocks to recover. (1929…)
However, in 1929 when stocks had soared to an all-time high, in September they plummeted. This day in history is known as Black Thursday and is remembered as the Wall Street Crash of 29. The crash hit people's interests hard. and Americans all over lost a lot of money. Banks had to spend all of the money they had on regaining the economy, and agricultural needs.
The black Tuesday, October 29th, 1929 has been identified as the symbol of the Great Depression. Stock holders lost 14 billion dollars on a single day trade, and more than 30 billion lose in that week, which was 10 times more than the annual budget of the Federal government.[ [documentary] 1929 Wall Street Stock Market Crash
The Great Depression was a period of first-time decline in economic movement. It occurred between the years 1929 and 1939. It was the worst and longest economic breakdown in history. The Wall Street stock market crash started the Great Depression; it had terrible effects on the country (United States of America). When the stock market started failing many factories closed production of all types of good. Businesses and banks started closing down and farmers fell into bankruptcy. Many people lost everything, their jobs, their savings, and homes. More than thirteen million people were unemployed.