The Great Depression was an international phenomenon. It's not as if there were different causes in different countries. So, the real answer to the question is something like, 'Because the rest of the developed world was experiencing a severe depression'.
Some causes of the Great Depression was the Stock Market crash (black tuesday), the dependance on the sale of exports, people being overly optimistic about the future, dependence on credit, overproduction & taxes, and the drought.
Canada suffered tremendously from the depression. GNP fell 40% largely because Canada's export economy was based primarily on commodoties which became of less need after WW2. This led to unemployment rates actually higher than in the U.S. (27 compared to 25). Aside from that political ideologies changed and the role of the national government became more important than before when the provincial governments were the primary regulating bodies.
Canada was hard hit during the depression because they depended on export sales to the United States, England and other countries. When businessmen in those countries lost all their money they could no longer conduct business with the Canadian businessmen. The Logging, farming and fishing industry suffered immensely.
The Great Depression in Canada began in 1929, due to the wheat market crash in 1928.
The Great Depression was severe in Canada because the economy of the nation was and is heavily dependent on the US. The Depression in the US was extraordinarily severe.
It almost killed us.
it started when the stock markets crashed
Thousands of people lived in makeshift shantytowns.
Thousands of people lived in makeshift shantytowns.
The great depression was a human characteristic of the stock market which caused no food some no clothing and lost of lives so be sure to help people poor today cause one day you ll be in depression soon answers from nika love the world and remember the world is full of depression
The Great Depression had a huge impact on millions of people. It changed their lives by teaching frugality, patience, and learning to give to others.
At least 10% of men will experience an episode of major depression at least once in their lives.
he was a great track and field player
It leads to depression.
they could get voted in
sojouner truth affect our lives by being such a great person!
The Great depression effected Urban and rural communities because the prices got raised, unemployment, droughts and high taxes. Most countries in the world got effected by The Great Depression, but Japan Did not get effected strongly. The Great Depression lasted about ten years. My Grandpa was in the great depression, and yours too! (Unless your Grandpa is thirty-years old!)
Canadians
I believe it was Mahatma Ghandi who said your quotation.
it hads affect our lives in a great way.
homeless people during the great depression Over 1,200 people were homelss.
Canadians and Canadiennes
Thousands of people lived in makeshift shantytowns.
Thousands of people lived in makeshift shantytowns.