The Great Depression devastated many businesses in Canada as well as impacted foreign trade. ... However, those businesses that managed to survive had to lower prices, lay off workers, and reduce wages. Also, Canada's economy was greatly affected by the collapse of world trade. ... The Great Depression created opportunities for Canadian politicians in all levels of government as they tried to provide desperate people with solutions to their problems. ... It did nothing to increase exports and in some cases increased export's costs, thereby reducing business. ...

• Word Count: 1848
• Approx Pages: 7
• Grade Level: Undergraduate

Incomes for the poorest Americans have not nearly kept pace with rising housing costs. ... Job training, education, trade schools, and other systemic economic incentives and welfare disincentives should be applied with whatever funds are available from foundation or government sources. ... One might recommend that the US move towards a fully integrated computerized system which would make delivering benefits and getting people off the streets more cost effective. ... With projected federal and state budget surpluses, an opportunity exists for advocates of low-income housing to demand more mone...

• Word Count: 1729
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

In most cases, Economists are required to trade-off between inflation and unemployment. ... Inflation can be divided into two categories: Demand-Pull inflation which is due to excess in demand and Cost-push Inflation which is due to an increase in per-unit production costs and rising costs of raw materials or energy supply. ... Some positive effects of inflation are centralized about the fact that house prices can rise again after an unfavorable fall and the buying power can gradually wear off. ... The latters move their manufacturing to other countries were labor costs are cheaper. In additio...

• Word Count: 1530
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate