Causes of the Great Depression

Question 1

Companies expanded to reach high production, but made too many products and laid off their employes

Answer 1

Over production and over expansion

Question 2

People bought too much on credit, and when they got unemployed and couldn’t pay their installments, their stuff got taken away. Houses,goods,stocks.

Answer 2

Buying to much on credit

Question 3

Europeans put high traffis on their imports to protect their industries, decreasing internionally

Answer 3

High traffis hurt international trade

Question 4

Canada relied too much on the USA for trade and investment and when they got hit with depression, they didn’t need Canada’s products anymore

Answer 4

Dependance on the USA

Question 5

Canada dependent on products like wheat, fish, minerals, pulp, and paper, and when the demand for these products drop the economy suffered. This also affected the chain industries of these products.

Answer 5

Dependency on primary products