There are many points in American history that have a great effect on America as a whole. But there are also some major turning points, these moments in history leave a large impact on the course of America. A major turning point in America is the Great Depression. The Great Depression made America realize it…
Tuesday, October 29th, 1929 was the day of the stock market crash in the United States. Stock prices plummeted, affecting economies worldwide. Countries everywhere, rich and poor, sank into an economic recession known as the Great Depression. Canada was hit particularly hard. Between 1929 and 1933, Canada’s Gross National Expenditure declined by 42%. By 1933,…
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…