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Tag Archives: Causes of the Great Depression

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Life During The Great Depression

HistoryBy William Anderson (Schoolworkhelper Editorial Team)July 27, 20103 Comments

UNEMPLOYMENT In 1930 Canada had 13% unemployment; by 1933 it was 26% (fell back to 13% when WWII broke out) Between 1929 and 1933, 1 in 5 Canadians depended on government relief for survival In Saskatchewan, income dropped by 90% forcing 66% of the rural population onto welfare no severance pay or unemployment insurance to…

Causes of the Great Depression

HistoryBy William Anderson (Schoolworkhelper Editorial Team)July 27, 201015 Comments

There are various explanations for the causes of the great depression that started in 1929. Some of the most likely causes are given below: 1. OVER-PRODUCTION AND OVER-EXPANSION During the decade of the Roaring Twenties, many industries expanded their production beyond demands. Much money was spent adding factories and building new ones There was an…

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