Section 11&12

Question 1

What happened October of 1929, and what did it cause (2)

Answer 1

• huge sell off occurred on the New York stock exchange:
  •values of stock dropped dramatically
  •people lost fortunes overnight

Question 2

Americans reduced what regarding Canadian exports and what was the results on employment

Answer 2

-amount of Canadian goods they purchased
- many people lost their jobs

Question 3

What prime minister became interventionist

Answer 3

Benett

Question 4

The gov being interventionist created what(4)

Answer 4

-direct relief: checks and vouchers issued to the poor
-public works project: law paying jobs to the unemployed
-bank of Canada: managed much Canadas monetary policy
-office de credit agricole: provided cheap loans to help farmers

Question 5

What is the ideologies socialism

Answer 5

-government controls a lot of

Question 6

What is communist

Answer 6

Apposed all church involvement

Question 7

What is fascist

Answer 7

Inspired by hitler, similar to dictatorship

Question 8

What is populist

Answer 8

Criticize the elite and openly defend the interests of regular people

Question 9

What is Keynesianism

Answer 9

The gov should intervene in the economy to prevent economic slowdown downs