1930s/ Great Depression Flashcards
When and what was Black Tuesday
October 29,1929
Signaled the end of the post-war prosperity. On this day 16 million shares were sold on the New York stock market. Soon the value of the stock market shares had decreased by $30 million and thousand of people lost their life savings. After this gene those with money were fearful about the future and reluctant to spend. Without customers stores and factories were soon closing all over North America.
What is the stock market
This period of prosperity was built on credit (but now pay later) and the need to supply Europe with exports and s it rebuilt after WW1
What were the six causes of the Great Depression
- over production
- declining exports and tariffs
- drought in the west
- stock market crash
- government policies
- over extended bank credit
Define the great depression
a long and severe recession in an economy or market
Who was the prime minister during most of the Great Depression
R.B Bennet
What is a bennet buggy
Horse and carriage
What is a bennet blanket
Newspaper
What is a bennet barnyard
An abandoned farm
Who was the Cinderella man
Jim Braddock, American boxer
What was riding the rails and when
A strike was organized in Vancouver 1935 and to get there men across Canada rode the rials. The strike was ran by relief camp workers
What was the Regina riot
While men were riding the rails on way to Ottawa they were stopped in Regina by the RCMP and a riot begun. 45 injured one cop dead
What was the trek to Ottawa
After the strike in Vancouver ended thousands of strikers went to Ottawa to vote in hopes of changing wages
What were relief camps
Government opened unemployment relief camps where in exchange for room and board single men did physically demanding labour
- Run like military
- strict
- workers wanted real work and wages
Who was the hardest hit during the depression
Farmers
Young people
Unskilled labourers
Small business people
What is the palliser triangle
An area by Cartwright, Manitoba, Lloyd Minister, Saskatchewan, Calgary and Alberta. This area become down as the dustbowl