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.
The 1920's meant prosperity for Canada. Canadians living in the 1920's were freer in values, less disciplined, and concerned with material things more than ever before. Many people wanted to get rich quickly, and stock markets in New York, Toronto, and Montreal shot up. On October 24, 1929, many people wanted to sell stocks through the New York Stock Exchange. More stocks were being sold than bought, and they began to slump. The stock crash became known as the Great Crash of 1929. On Thursday October 29, 1929, the stock markets in Toronto, Ontario and Montreal, Quebec also began a steep descent. Suicide became common among men whom the......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 1284
Approximate Pages: 5 (260 words per double-spaced page) |