Wednesday, May 6, 2020
Did the Canadian Government Do Enough During the Great...
The Great Depression Were Canadaââ¬â¢s governmentââ¬â¢s responses to the Great Depression adequate? By: Prateek Madhika Were Canadaââ¬â¢s governmentââ¬â¢s responses to The Great Depression adequate? After World War I ended in 1919, Canada had a small recession during the World war, but after the war, Canada had the fastest growing economy in the world. The 1920s had been a successful period of growth for Canada, with living standards improving remarkably. Then suddenly, in the late 1920s the economy took a sharp turn for the worse. The depression originated in the US, directly caused by the spark of the stock market crash on October 29, 1929, known as Black Tuesday, but quickly spread to almost every country in the world due toâ⬠¦show more contentâ⬠¦This clearly shows that Mackenzie King and Bennett had no idea of what to do and therefore gave the responsibility to the provinces, just so that they do not take the blame. The result of their ignorance was fiscal collapse for the four western provinces and hundreds of municipalities and haphazard, degrading standards of care for the jobless. Monthly relief rates for a family of five varies from $60 in Calgary to $19 in H alifax. Although there were no official starvation, reports by medical authorities of scurvy and other diet deficiency diseases were common throughout the decadeâ⬠. This shows that Bennettââ¬â¢s and Mackenzie Kingââ¬â¢s ignorance did not just keep the unemployed jobless, but they made it even worse. The result of their ignorance lead to the collapse of 4 provinces in the west, and degradation of standard of care for the jobless. Their ignorance brought diseases to those to whom they ignored. Instead of Bennett and Mackenzie King fixing an extremely important issue, they just made it worse. The unemployed could not count on the federal government, but also, the unemployed had no other option. The US managed to control the Depression more efficiently than Canada, and therefore people preferred to live in the US than in Canada. The government failed at resolving the unemploymentShow MoreRelatedThe Great Depression in Canada Essay978 Words à |à 4 PagesThe Great Depress ion was a terrible point in Canadian history, and for most of the world. It was a point in time where thousands of people lost their jobs, and even lost their homes because of the depressed economy. Business was booming in the early 1920s, but when companies tried to expand, and therefore issued stocks, the economy was thrown off. Some investors sold their stocks for high prices, and as a result, everyone else followed. With less of a demand, stock prices became fractions of whatRead MoreHenri Eveleigh s Let s Go Canada Poster Essay1563 Words à |à 7 PagesCanada poster is one of the most prominent pieces of Canadian wartime propaganda. 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