반대다는애들은 머야 영어 못읽어서그래? 풉ㅋ
1920, canada economy had risen after the end of WWI.
canadian crops such as wheat and minerals, newsprint exported among countries
cars, radio industry developed, peole went to the city to find jobs.
credit usage increased in the 1920 - more money borrow, investment on stock markets.
the great depression
standard of livign increased: the quality of goods available for people.
however, more money to borrow. but economy was falling down
business and banks required repayment; people sold the stocks. te stock price decreased dramatically.
many people lose jobs.
regional disparities: the difference in region of resources, jobs, salaries etc.
1933- unemployment rate 26%z
:atlantic and priaries were serious.
atlantic- two main regions.
coal- hydroelectric power
the railway rates.
praries (west) in a serious situation
two reasons.
1. the dust bowls- overwork loosened the soil
then, drought & high temperature made topsoil into dust - Canadian Dust Bowl
2. the crops inundated by grasshoppers.
left cities
government effort
1. beginning of the depression, Mackenzie king from liberal
- indifferent about the situation
provincial- limitation in raise money tax, higher responsibility on social servicies health, edycation etc
anyway ignored.
1930 election- R.B. Bennett won (conservative)
1930-1935 (maximum ) he x realize trhe severity of the situation.
1930- he raised tariffs from countries --> others countries also did this
canada export base- seriosu problem.