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World war 2 economy of Canada
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On Tuesday October 29th 1929 the stock market crashed 15% to trigger to what we now know as the great depression. The depression hit canada hard, no one buying raw materials and all american factories located in Canada were shut down leaving the people of Canada unemployed, poor and hungry. The depression had forced people out of homes and into unemployment camps. Why did things come to this ? Prime Minister William Lyon Mackenzie King Believed unemployment is seasonal and refused to help while so many struggled. Then elected was Bennett a rich Lawyer who knew nothing about running a country resulting in many failed plans. To end all of Canada’s responses the government raised tariffs cutting us off from the world. Though the Canadian government may have tried their responses to the great depression were inadequate and failed to bring the canadian economy back. Image not knowing when your next meal could be if there even was one coming. This is how your average Canadian felt during the great depression. Chewing gum turned into alpha alpha, meat pies turned into gopher pies the whole standard of life was lowered during the depression. If you were an unemployed male you were not wanted anywhere and at the same time companies were laying off workers more often than they would pay their workers that is underpaying their workers. What was the government doing while all these people struggled you might ask ? It seemed like the government was doing nothing . Which is exactly what Prime minister King was doing , nothing. Lyon Mackenzie King Canada’s longest serving prime minister to this day, the man who help canada finish the war strong but decided to abide peoples need for help in the depression. King believed it was se... ... middle of paper ... ...als in a depression. Not to mention the tariffs cut us off from countries like England and USA who could of helped us recover quicker by making trades and building up each others economy. Raised Tariffs in the depression Like many ideas they look really good until they were put into play especially when nothing else is working. The tariffs put a stop to world trading to help support local but locals couldn't afford the products or just do not need the products therefore shutting down large parts of the canadian workforce leaving so many unemployed. In conclusion the evidence shows that the canadian government did an inadequate job of responding to the canadian citizens troubles during the great depression. Due to lack of effort and knowledge as well as shutting out international markets the canadian economy did nothing but suffer until the second world war.
Mackenzie King was the longest serving Prime Minister of Canada (Neatby, 2005). For many King was a great and effective Prime Minister. But for others, he was ineffective due to his “5 cent speech”, racist behavior and lastly for his strong spiritual beliefs. Therefore this makes William Lyon Mackenzie King to be an ineffective Prime Minister of Canada from the years 1921-1929.
During the Great Depression of the 1930's, Canada's Prairie provinces suffered more than any other area in Canada. This time frame brought for the farmers many years of droughts and grasshopper plagues, as each year got worse without any rainfall whatsoever. The impact of the Great Depression on the Prairie provinces was devastating and it's impact on the region was social, political and economical. During this period unemployment reached high levels, prices of products were falling and purchasing power was getting very weak. To try to help out unemployed people, mostly men, the government introduced relief camps.
Canadians were frustrating, wonderful, and hard. Soldiers returning from the war expected jobs, but were faced with unemployment, inflation and strikes. Inflation had doubled the cost of living where wages had not and those fortunate to be employed still faced immense financial difficulty. Many people joined unions for better pay and working conditions, 1919 saw the most strikes at a staggering three hundred and six, people were angry and discontented. The 1920s were a time of crime corruption and extreme poverty, yet by mid era difficult conditions began to improve. Foreign investors gained confidence in Canada and as a result new industries were developed, The twenties really did 'roar' and with this boom of change Canada underwent the transformation that was the gateway to the future.
Even though Aberhart’s plan was not put into action, there were many others like him whose voiced opinions and ideas encouraged the end of the depression. William Lyon MacKenzie King was a main contributor towards leading Canada out of the depression. When the depression started, King was still in the position of Prime Minister;
The result of the Second World War fundamentally changed Canada and its economy started booming. There are many reasons for this change and if you remember, World War I also made a big impact on the development of Canada. However, in the next few paragraphs I will talk about how Canada gained much more respect and autonomy from the Second World War than ever before and also the change from a country into an industrialized nation.
"It is what we prevent, rather than what we do that counts most in Government." (Mackenzie King august 26, 1936) This statement sums up the best secrets of Mackenzie King's success as prime minister, and perhaps, the key to governing Canada effectively. King's record of prime minister is sometimes difficult to judge. He had no uninteresting images, he gave no repetitive speeches, and he champions no drastic stage. He is remembered for his easygoing, passive compromise and conciliation (Gregory, page 267). Yet Mackenzie King led Canada for a total of twenty-two years, through half the Depression and all of the Second World War. Like every other prime minister, he had to possess ambition, endurance and determination to become prime minister and, in spite if appearances, his accomplishments in that role required political acuity, decisiveness and faultless judgment.
The government has truly been molding Canada into the wonderful country that it is today. Whether the changes have been good or bad, the government has always been trying their best to solve problems such as takes high income, racism, and making sure that Canada is seen as the cleanest and economically friendly place that it is today. However, Pierre Elliot Trudeau was unique and impacted Canadians in a positive way. He was an intelligent, and strategic man, when dealing with many different types of crisis’s, such as the economic crisis. Always put his citizens before himself, and felt that everyone should be treated equally with their own individual rights. Obviously, without Pierre Trudeau,
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...
The Great Depression was not just a little event in history, hence the word “great”, but a major economical setback that would change Canada, and the world, forever. The word “great” may not mean the same thing it does now; an example of this is the ‘Great’ War. These events were not ‘good’ or ‘accomplishing’ in any way, quite the opposite, but in those times it most likely meant ‘big’. What made it big are many factors, both in the 20’s and 30’s, which can be categorized into three main points: economics, politics and society. With all these events, compressed into ten years, this period of economic hardship of the 1930’s truly deserves the title the “Great Depression”.
When the Great Depression occurred right around 1930, William Lyon Mackenzie King and his government did not respond strongly . Although the depression was evidently obvious, King believed that the economic crisis was temporarily and only patience was needed to overcome it . It took a while for King to realize how the depression was affecting the politics . King believed that welfare was a provincial responsibility and no one else’s . During the depression, all provinces wanted to increase the tax in Ottawa, but he did not understand the concept of it since other provinces were going to use the tax for themselves. King thought that it was necessary for the provinces to take initiative and increase their taxes . As the depression hit rock bottom many Canadians were unemployed. As Canada was changing right in front of his eyes, King’s perspectives did not show change. In one of his speeches he declared, “I submit that there is not evidence in Canada today of an emergency situation which demands anything of that kind” . King did not face with depression in the most orderly matter but he was a great Liberal leader, he kept the Liberals together when the Conservatives were falling apart and new political parties were developed to compete for the votes . During the depression, King held an election that was one of the most important events that occurred in...
It began to unfold on 24th October 1929, Black Tuesday. It was when the value of the New York Stock Market fell dramatically, the Great Depression was a time when Canadians suffered groundbreaking levels of poverty due to unemployment. The employment rate went up to 30%, the highest it's ever been. “On Wall Street, 16.4 million shares were sold, almost 4 million more than Black Thursday’s unprecedented totals.” (Historica Canada). This dread spread to Toronto's markets, resulting in the suffering of municipal and provincial government as the extent and duration of unemployment during these years rapidly exhausted the ability of the government. The 10-year depression led to many lives lost through homelessness, starvation, etc. Most people lost their jobs leaving them and their family to die or live off of vouchers which were used to get food and water. The government had to do a lot to cope with these challenges. Private relief like charities, church groups, soup kitchens was developed to provide the people with second-hand clothes, food donations, and homeless shelters. At this point, a lot of people suffered mentally and physically, they were desperate for the great depression to end. Another thing the government developed was emergency relief, they made vouchers that you could trade in for food. A lot of people were forced to use this but there weren't enough vouchers and neither did they solve
During 1920s, King back to the scene as Prime Minister, industries were booming across the country, however, the boom short lived. In 1929, Economic Depression erupted after the crash in stock market. Thousands of people lost jobs, unemployment rate skyrocket. As depression eased, the militancy of workers increased. In 1937, workers won their first union recognition by General Motors, the auto workers in Oshawa. King’s government began promoting labour management cooperation committee, and produced films supporting this
This was the start of the immense trading world between Canada and the USA. Before World War I, Canada and the United States were not as closely related in trading. At that time, the USA had 39.8 million people, about 10 times the amount of people in Canada which was only 3.7 million . Canada would export fisheries, lumber and agricultural products while from the USA, Canada would import manufactured products. However, Britain was Canada’s main trading ally before WW1 as Canada was still under the British rule. Canada’s economy along with the United States’ started to plummet with the rise of tariffs and debt which ultimately led to The Stock Market Crash of 1929 and the Great Depression in 1929 until 1939. As a result, the trade with the US and Canada exceeded the Canadian marketing with Britain. At that point, Canada’s closest trading partner was the USA because they are close to one another
It all started in 1929 when there was market crash which is what started the Great Depression. During the Great Depression the proper roles began to change especially for women. Role changes became normal for women during this time period. They were beginning to cope with economic changes as well as having to adapt to them. This was a life changing time period for the women.
Trying to explain my depression is like trying to swim across the San Francisco Bay from Alcatraz in the shark infested water; if Alcatraz were my mind and the water were boiling tar, pulling me further and further down until the black gunk filled my lungs and stung my eyes. After so many pointless attempts of struggling, I eventually give up and let my body slowly sink to the bottom, letting the tar consume me and soon enough, no one remember the real me, only the black swamp that I have recluded in. This is what is left of me by then: The girl that once was is now suppressed by the demons that my friends and family have long come to know. But I am still in here somewhere, right?