The Stock Market Crash - The Great Depression Flashcards
What is the Great Depression
The Great Depression was a worldwide socio-economic crisis that began in 1929 and lasted through the 1930s into the Second World War
It was a period of high unemployment, bank closer and economic failure
In a cultural sense, the Great Depression is characterized by exhaustion, confusion, and tension, but also perseverance
How did it start
The Stock Market Crash
Overproduction
Credit
Drought (The Dust Bowl)
How did it affect farmers
Farmers were hit especially hard, losing land and livelihoods
Drought and Dust Storms:
Low Wheat Prices:
Farm Failures and Abandonment:
Migration:
How were families affected
families struggled to make ends meet, leading to decreased birth rates and marriage rates.
Poverty and Hunger:
Loss of Jobs:
Reduced Birth Rates:
Children’s Suffering
Life in Canada during the Great Depression
Economic Hardship:
Unemployment and Homelessness:
Social Impact:
Government Response:
The “Dirty Thirties”: