The Great Depression Essay -- essays research papers

The groovy printing 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 vastly with the inability to produce valuable crops, and the Canadian Goernment and universe fight II became influential factors in the shuttinging of the Great Depression.The 1920s meant successfulness for Canada. Canadians living in the 1920s were freer in values, less disciplined, and concerned with square things more than ever before. Many lot wanted to get copious quickly, and stock markets in New York, Toronto, and Montreal shot up. On October 24, 1929, existencey a(prenominal) people wanted to sell stocks through the New York Stock Exchange. More stocks were macrocosm sold than bought, and they began to slump. The stock crash became known as the Great break apart of 1929. On Thursday October 29, 1929, the stock markets in Toronto, Ontario and Montreal, Quebec also began a ingest descent. Suici de became common among men whom the crash meant financial failure and complaisant ruin. After the stock crash a period of Depression occurred and unemployment was common. By 1933, one out of every four workers in Canada was without a job. men begged for jobs cutting grass or shoveling snow. Wages were so low that tied(p) people with jobs ran into debt. Many businessmen went bankrupt and people alone over the country were laid off. Many men disappeared in efforts to look for work. The state of matter of Saskatchewan set up eternal rest Commission in 1931. For many, the acceptance of Relief meant failure. Those who did except Relief authentic $5.00 a week, or sometimes less. By 1932, many unemployed men were living in Relief Camps crosswise the country. Work in the Relief Camps usually consisted of meaningless tasks. The camps provided its men with a poor diet and bunks to sleep in. Those living outside of Relief Camps could just now feed their families. Meals consisted of sta rchy foods such as bread and potatoes. With unemployment rates soaring, many people could not afford coal to heat their homes or to constitute electricity bills. Single men, 18 years or older, were housed in rooming houses. In 1933, the Federal Government began herding single men into work camps run by the army. Camps held more than 115, 000 men over a four year period. custody in camps were paid twenty cents a day for lumbering or road building. All over Canada peopl... ...rnment became active in the lives of businessmen and workers alike. Mothers received a family allowance. War veterans received money also. Unemployment insurance was created and any man out of work could apply for it. By 1936 some parts of Canada began to be cured _or_ healed from the Great Depression. In Montreal Public Holding Projects were underway, and the Trans Canada Airway gave jobs to men. For Canada, the real end of the Great Depression was caused by the start of World War II. The Great Depression la sted ten years and was followed by five years of World War. During the war the need for materials was massive. Chemical factories, aluminum works, and lumber processing all began to employ men. People could begin to buy more than they had during the Great Depression therefore the manufactures could produce more. Prairie Provinces also benefited because the markets for wheat had began to recover. The Great Depression in Canada posed many problems for Canadians. During this period the economy suffered, unemployment rates raised, and farmers struggled through the drouth of the Dirty Thirties. The Great Depression truly was an uncontrollable force assisting the find out of present day Canada.