“On the morning of October 29, 1929, panicked voices shouted over one another. Here and there, men leaned against the walls, hands over their faces as if trying to shut out the scene. In the street outside, a crowd had gathered, trying to learn the news. A man staggered out the door, clutching his hat in both hands. He looked as though he might weep. “It’s gone,“ he whispered, so quietly only the few closest to him heard. “It’s all gone.”# The term ‘Great Depression’ according to Kristin Brennan evokes black-and-white images of thin men in threadbare suits and worn-out shoes selling five-cent apples on city streets, of “grim-faced women lined up three deep to collect bread and milk at relief stations.”# The Great Depression of the 1930s was a devastating time toward many Canadians, where the collapse of the stock market was the beginning of the Depression, a period of severe economic and social hardship, massive unemployment, and terrible suffering.# The main causes of the Great Depression in Canada were overproduction, Canada’s Dependence on the United States, as well as the causes, there were the effects: unemployment and political consequences.
The Great Depression was an economic slump that started out in the United States and was spread through other industrialized areas of the world that began in 1929 and lasted until about 1939.# It was the longest and most severe depression ever experienced by the industrialized Western world. The nineteenth century of Canada was essentially the century of laissez-faire (“let do”) in economic matters. Basically, it meant governments letting the economy do whatever it wanted - they did not interfere. However, after the First World War, it became obvious that the laissez faire system c...
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“Key Economic Events: 1929-1939 - The Great Depression.” (May 4, 2007).
http://www.canadianeconomy.gc.ca/english/economy/1929_39depression.html (accessed November 22, 2009)
Kindleberger, Charles P. The World in Depression, 1929-1939. Vol. 4. Berkeley: University of California Press, 1986.
Nelson, Sheila. Crisis at Home and Abroad: the Great Depression, World War II, and beyond, 1929-1959. City: Mason Crest Publishers, 2005.
Safarian, A.E. The Canadian Economy in the Great Depression. 1970.
Taylor , Nick . "A Short History of the Great Depression." The New York Times. http://topics.nytimes.com/top/reference/timestopics/subjects/g/great_depression_1930s/index.html (accessed November 20, 2009).
"The Great Depression." Current Events 105, no. 9 (November 4, 2005): 2. Canadian Points of View Reference Centre, EBSCOhost (accessed November 22, 2009).
The Eleanor Roosevelt Papers."The Great Depression." Teaching Eleanor Roosevelt, ed. by Allida Black, June Hopkins, et. al. (Hyde Park, New York: Eleanor Roosevelt National Historic Site, 2003). http://www.nps.gov/archive/elro/glossary/great-depression.htm [Accessed March 10, 2010].
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.
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 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.
Nelson, Sheila. Crisis at Home and Abroad: the Great Depression, World War II, and Beyond,
"America's Great Depression and Roosevelt's New Deal."DPLA. Digital Public Library of America. Web. 20 Nov 2013. .
During the 1920’s, America was a prosperous nation going through the “Big Boom” and loving every second of it. However, this fortune didn’t last long, because with the 1930’s came a period of serious economic recession, a period called the Great Depression. By 1933, a quarter of the nation’s workers (about 40 million) were without jobs. The weekly income rate dropped from $24.76 per week in 1929 to $16.65 per week in 1933 (McElvaine, 8). After President Hoover failed to rectify the recession situation, Franklin D. Roosevelt began his term with the hopeful New Deal. In two installments, Roosevelt hoped to relieve short term suffering with the first, and redistribution of money amongst the poor with the second. Throughout these years of the depression, many Americans spoke their minds through pen and paper. Many criticized Hoover’s policies of the early Depression and praised the Roosevelts’ efforts. Each opinion about the causes and solutions of the Great Depression are based upon economic, racial and social standing in America.
The Great Depression America 1929-1941 by Robert S. McElvaine covers many topics of American history during the "Great Depression" through 1941. The topic that I have selected to compare to the text of American, Past and Present, written by Robert A. Divine, T.H. Breen, George M. Frederickson and R. Hal Williams, is Herbert Hoover, the thirty-first president of the United States and America's president during the horrible "Great Depression".
zShmoop Editorial Team. "Politics in The Great Depression." Shmoop.com. Shmoop University, Inc., 11 Nov. 2008. Web. 13 Mar. 2014.
Folsom, Burton. "Which Strategy Really Ended the Great Depression?" : The Freeman : Foundation for Economic Education. N.p., 24 Aug. 2011. Web. 12 May 2014.
The Great Depression in Canada was one of the lowest points in Canadian history. There were political, social, and economic consequences that still affect Canada to this day. Many attempts were made to try to fix problems that the depression delivered, including work camps, the creation of welfare and social insurance programs, and land settlement. Neither William Mackenzie or Richard Bennett were capable of solving the dilemma, and ultimately only World War II was able to put an end to the depression era. Even though the government made many efforts to improve the situation, almost all of these attempts were proven to be futile.
McElvaine, Robert S., ed. 1983. Down & out in the great depression: Letters from the forgotten man. Twenty-fifth Anniversary ed. Chapel Hill: University of North Carolina Press.
The Great Depression was a period, which seemed to go out of control. The crashing of the stock markets left most Canadians unemployed and in debt, prairie farmers suffered immensely with the inability to produce valuable crops, and the Canadian Government and World War II became influential factors in the ending of the Great Depression.
"Great Depression in the United States." Microsoft Encarta Encyclopedia 2001. CD-ROM. 2001 ed. Microsoft Corporation. 2001
The Great Depression was a period of first-time decline in economic activity. 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).