How Did The Great Depression Affect The Economy In The 1930s
People used credit to by huge amounts of tock
1929, the stock matket crashed
A wiedespread loss of jobs and saving
Many companies closed
In 1932, industrial production was only at 58% of the 1929 level, the second lowest level in the world after the United States. Total national income fell to 55% of the 1929 level, again worse than any nation other than the U.S
Called dirty 30’s due to Canadas heavy reliance on raw materials,and farm exports, combined with ehe deflation of the Prairies due to drought
Canada's economy at the time was just starting to shift from primary industry (farming, fishing, mining and logging) to manufacturing.
Canadas exports of raw material plunged, and employment, prices and profits fell in every sector. …show more content…
Bennet reacted to the heavy public pressure by restricting immigration to a very thin range of applicants that were considered “acceptable”. These were peopel with money, agricultural skills, and British or Maerican roots.
In B.C, Asians lost the right to vote and were banned form some jobs.
Jews were also a traget of
1929, the stock matket crashed
A wiedespread loss of jobs and saving
Many companies closed
In 1932, industrial production was only at 58% of the 1929 level, the second lowest level in the world after the United States. Total national income fell to 55% of the 1929 level, again worse than any nation other than the U.S
Called dirty 30’s due to Canadas heavy reliance on raw materials,and farm exports, combined with ehe deflation of the Prairies due to drought
Canada's economy at the time was just starting to shift from primary industry (farming, fishing, mining and logging) to manufacturing.
Canadas exports of raw material plunged, and employment, prices and profits fell in every sector. …show more content…
Bennet reacted to the heavy public pressure by restricting immigration to a very thin range of applicants that were considered “acceptable”. These were peopel with money, agricultural skills, and British or Maerican roots.
In B.C, Asians lost the right to vote and were banned form some jobs.
Jews were also a traget of