The Great Depression Essay -- essays research papers

The large(p) 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 im manpowersely with the inability to produce valuable crops, and the Canadian Government and cosmos war II became influential factors in the ending of the enceinte first gear.The 1920s meant prosperity for Canada. Canadians living in the 1920s were freer in values, less disciplined, and refer with material things more than ever before. Mevery people wanted to grab rich quickly, and stock markets in New York, Toronto, and Mont concrete shot up. On October 24, 1929, some(prenominal) people wanted to sell stocks by the New York Stock Exchange. much 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 a mong men whom the crash meant financial misery and social 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 beginning that even people with jobs ran into debt. Many businessmen went bankrupt and people all told over the country were laid off. Many men disappeared in efforts to determine for work. The province of Saskatchewan set up ministration Commission in 1931. For many, the bridal of second-stringer meant failure. Those who did except Relief received $5.00 a week, or sometimes less. By 1932, many unemployed men were living in Relief Camps across 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 barely feed their families. Meals consisted of starchy foods such as bre ad and potatoes. With unemployment place soaring, many people could not afford coal to heat their homes or to pay electricity bills. Single men, 18 divisions or older, were housed in rooming houses. In 1933, the Federal Government began herding single men into work camps steer by the army. Camps held more than 115, 000 men over a four year period. Men in camps were paid twenty cents a day for gruelling 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 part of Canada began to recover 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 lasted ten old age and was followed by f ive years of World War. During the war the need for materials was massive. Chemical factories, aluminum works, and lumber treat 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 drought of the Dirty Thirties. The Great Depression truly was an uncontrollable personnel assisting the shape of present day Canada.