The Causes a

Lisää tämän kaltaisia

My Canada Mind Map

luonut Cody Dinis

Han

luonut Christian zzstu Haddad

Food Insecurity

luonut Janeira Quintero

The Great Depression

luonut Avery Dickson

Young men "train riding"

The Causes and Consequences of The Depression

Causes

Canada introduced tarrifs

Influenced other countires to follow

Canada's reliance on trade with America

Stock Market Crash

Oct 29 1920 New York, Toronto, Montreal: Stock markets collapse

Sellers began to sell

Stock prices went up past vaule

"Buy now, Pay later"

Consequences

Jobless young men starting "Train Riding"

In order to find a job

Most industry workers were left unemployed but wealthy middle class Canadians noticed little change

High suicide rate

Many families lost everything

Government relief payments

Had to publicly declare bankruptcy