Depression Unemployment and Mackenzie King Essay

Research Essay: To what extent was the Canadian government successful in its attempts to deal with the Depression? Carol Liang After World War I, the North American economy was booming, Canada had the world’s fastest growing economy. The start of the Depression came as a surprise to Canadians. When the stock market in the US, the biggest exported target for Canada’s primary resources after war, crashed, they reduced their demand for the products, people in Canada’s primary industries went bankrupt, unemployment rate raised from four point two percent to thirty percent, people could no more effort the luxurious lives, they did not buy much goods, which made other Canadian companies bankrupt, within a year millions of Canadians lost their†¦show more content†¦In order to get the people on his side, Bennett promised word, to promote the strengthening of Canadas industry behind tariff walls, and to blast (Canadas) way into the markets of the world. His government spent twenty million dollar for work-creation programs, eventually, it did not work much. When he noticed that the budget had been shortfall, he cut back severely spending on the federal government. This action deepened the crisis on the economy in Canada. He had another plan, raised tariffs to protect the domestic industries. Unfortunately, this plan produced more damage than benefit. The other countries raised their tariffs followed by to Canadian goods. The high tariffs hit the exported business by increasing cost. In the other hand, the domestic market could be not sufficient for the Canadians, less and less consume made the Depression more and more grievous. When this plan failed, Bennett had to take some other actions, to ensure the unemployment insurance, reduced the workweek, and set the minimum wages, industrial codes and a permanent economic planning. But those plans did not work out on the way he expected. As the number of jobless and homeless people in Canada growing, Bennett feared these men would come under the influence of the Communist Party, so that, the Communist Party was banned by the government, and some leaders were arrested. As this point, federal government decided to establish the work camps forShow MoreRelatedComparative Article Review: The Great Depression Essay1552 Words   |  7 PagesTwo articles written about the Great Depression, one by James Struthers and the other by John Manley, each article takes a different view on the depression. One is looking exclusively at the politics and the other looking a public organizations and party formations, each showing a fear of foreign ideals. All of this would shape the way in which the working and middle class would look at and provide input into future governments. Let’s look at the differences first, James Struthers you can seeRead MoreThe Negative Impact of the Great Depression on Canada905 Words   |  4 Pagesof the Great Depression known as dirty thirties. It caused long economic slump. Prices fell like stone. Families were left homeless. Men wondered around in search of work. Prairies suffered greatly. Canada was hit hard by the decline of trade. The Great Depression had a negative impact on Canada politically, socially and economically. Canadians were negatively impacted by the lack of the government intervention during Great Depression. When the great depression hit, Mackenzie King was the PrimeRead MoreLife Of Canada During The Great Depression964 Words   |  4 Pages Life in Canada during the Great Depression Mr. Gurr CHC2D2 Quinton Cochran April 29, 2015 St. Andrew’s College Life for people during the Canadian Great Depression of the early 1930 s had the worst living conditions of any Canadians in the 20th century. No country was hit as severely as Canada due to its strong dependence on raw material, farm exports, and the aftermath of the Prairies drought. This left thousands of Canadians starving and often homeless, as the social and economicRead MoreDid the Canadian Government Do Enough During the Great Depression?1872 Words   |  8 PagesThe Great Depression Were Canada’s government’s responses to the Great Depression adequate? By: Prateek Madhika â€Æ' Were Canada’s government’s responses to The Great Depression adequate? After World War I ended in 1919, Canada had a small recession during the World war, but after the war, Canada had the fastest growing economy in the world. The 1920s had been a successful period of growth for Canada, with living standards improving remarkably. Then suddenly, in the late 1920s theRead More Canada and The Great Depression of the 1930s1378 Words   |  6 Pages1929-1939- The Great Depression The depression years of 1929 - 1939 proved to be the worst, and some of the best years for Canada and Canadians. It was a time of extreme highs and lows socially, emotionally, and economically. It was a time that Canada came into her own being on the world wide stage. During the worst depression years in Canada, there were many people who tried tirelessly to get Canada out of the crisis she was in more quickly and efficiently. William Aberhart and his group ofRead MoreThe Great Depression of Canada1140 Words   |  5 Pages The Great Depression was not just a little event in history, hence the word â€Å"great†, but a major economical setback that would change Canada, and the world, forever. The word â€Å"great† may not mean the same thing it does now; an example of this is the ‘Great’ War. These events were not ‘good’ or ‘accomplishing’ in any way, quite the opposite, but in those times it most likely meant ‘big’. What made it big are many factors, both in the 20’s and 30’s, which can be categorized into three main points:Read MoreThe Great Depression in Canada Essay978 Words   |  4 PagesThe Great Depression was a terrible point in Canadian history, and for mos t of the world. It was a point in time where thousands of people lost their jobs, and even lost their homes because of the depressed economy. Business was booming in the early 1920s, but when companies tried to expand, and therefore issued stocks, the economy was thrown off. Some investors sold their stocks for high prices, and as a result, everyone else followed. With less of a demand, stock prices became fractions of whatRead More The Great Depression Essay1193 Words   |  5 Pages nbsp;nbsp;nbsp;nbsp;nbsp;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 withRead MoreChildren s Influence On Children967 Words   |  4 PagesWhen the Depression struck rural families and they were unable to bring in enough income to support their families, children often stayed home from school. Noted, â€Å"In 1939, a United Church worker in central Manitoba discovered that many farm families were without underwear or shoes for their children, who as a result couldn’t attend school† (Berton, 1990, p. 11). The luxuries that children once experienced, were stripped away from them right before their eyes. As a result of the lack of income earnedRead MoreThe Great Downfall By The 1920 S Essay1195 Words   |  5 Pagestheir core. The Great Depression was known to be the most disastrous decade in Canadian history, coming unannounced, with impacts on political, economical, and social aspects. Considering the amount of hardship Canadians were going through during The Great Depression, it seemed as though the Liberal government was doing nothing to help with the people s conditions. By the 1930’s election, signs of the great depression were becoming more visible. Prime Minister Mackenzie King and the Liberal party