Type a new keyword(s) and press Enter to search

Hardships of the Great Depression

 

            The 1930's were a decade of hardships and regret for people all around.
             This decade was huge in contrast to the success that the world.
             held in the 1920's. The most significant event in the 1930's was the Great.
             Depression. It was the worst economic disaster that the modern world had.
             ever experienced, and it brought terrible suffering to millions of people.
             The Great Depression affected countries around the world, but few were.
             impacted as severely as Canada (Mooney, E. 2006). The living conditions of.
             many Canadians had deteriorated. Situations occurred that made the bad.
             economic times worse. In 1929 the stock market collapsed, businesses went.
             bankrupt, workers lost their jobs, and trade between provinces and.
             countries had severely declined. As well, prairie farmers in western Canada.
             experienced many hardships such as droughts and plagues of locusts, which.
             destroyed their farms and livelihoods. These situations were made worse by.
             Canadian politicians who did not know how to handle this economic disaster.
             They were unwilling and unable to try new solutions to solve Canada's.
             economic problems. The Great Depression of the 1930's had many devastating.
             impacts upon the lives of Canadians because it caused massive unemployment,.
             slowed the Canadian economy, ravaged the prairies, and it challenged.
             Canadian politicians.
             .
             The Great Depression caused massive unemployment throughout Canada and.
             it devastated the lives of those who were out of work ("The Great.
             Depression," 2008). The start of the Great Depression was triggered by the.
             stock market crash on October 29, 1929. This day was called "Black Tuesday".
             because prices for shares collapsed in Canada and the United States. As a.
             result, unemployment was on the rise and businessmen started to loose their.
             income. There were no jobs for unemployed Canadians and for those that had.
             jobs, there was a high chance it could be lost ("The Dirty Thirties",.
             n.d.). Consequently, workers who had jobs were paid very low wages and.


Essays Related to Hardships of the Great Depression