unit 2 1930s Flashcards

1
Q

reasons of the depressions

A

stock market crash

overproduction

canada’s reliance on exporting staple products

dependence on the USA

economic protection and tariffs

international debt after WWI

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2
Q

recession

A

decline in the economy
lower levels of employment
low levels of production

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3
Q

depressions

A

severe economy decline
high unemployment
long period of time

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4
Q

recovery

A

when an economy recovers from a recession

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5
Q

prosparity

A

AN ECONOMIC STATE OF GROWTH
high profits
full employment

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6
Q

deficit

A

government spends more than it makes

aka debt

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7
Q

inflation

A

prices increase

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8
Q

supply and demand

A

supply is the amount of goods
demand is the desire of the goods

high supply when demand is high

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9
Q

laissez faire

A

belief that the government should not intervene in economic affairs

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10
Q

riding the rails

A

travelling the country hopping on and off trains in search of work

causing hobo jungles

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11
Q

dust bowl

A

praries were hit hard during the depression
high climate = drought = dust
grasshoppers thrived

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12
Q

prairie farm rehabilitation administration act

A

helped farmers build irrigation systems and reservoirs to avoid future dust bowls

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13
Q

pogey/dole

A

food stamps

similar to welfare

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14
Q

PM king said depressions was ….

A

a provincial/municipal problem

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15
Q

due to PM king’s response RB bennett

A

a conservative millionaire lawyer won

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16
Q

RB bennett’s response to the depression

A

20 million to provinces for work creation programs

unemployment relief camps (worst than jail conditions and men did labour for cheap pay)

raise tariffs

17
Q

in 1935 canadians felt..

A

that the government would play a larger role in the public’s lives like the communism societies

18
Q

RB bennett’s New Deal

A
progressive taxation
max hours in a work week
minimal wage
strong regulations and working conditions
employment insurance
health and accident insurance
old age pension plan
agricultural support

aka social safety net

19
Q

canadians reaction to RB bennett’s New Deal

A

too little too late

1935 men left the BC interior work camps –> vancouver = relief camp workers union

20
Q

canadians reaction to RB bennett’s New Deal

ottawa trek

A

relief camp workers union went on freight trains to ottowa for real jobs and work with wages

RCMP stopped them in regina and only the leaders went to ottowa

21
Q

canadians reaction to RB bennett’s New Deal
ottawa trek
regina riot

A

3 hour fight
one RCMP was beaten to death

1935 king won the federal election

22
Q

CCF and their leader

A

socialist
Cooperative Commonwealth Federation
leader: JS Woodsworth

includes
farmers
labourers
socialists
intellectuals
discontented liberals
23
Q

CCF’s regina manifesto

A

public ownership of industries
support of social programs
money spent on public works to form jobs

forerunner to the NDP

24
Q

in alberta = SOCIAL CREDIT PARTY

A

capitalism = wasteful economic system which hoard money and prevented customers from buying abundant goods

william aberhart (bible bill) was the leader

promis 25$ a month to buy necessities

25
Q

Rowell-Sirois commission

A

federal gov’t control taxes

poorer provinces = equalization payment to ensure uniform living across canada