The Great Depression 1929-1939

1
The Great Depression1929-1939

• Economic collapse causes massive problems for
  Canadians, forcing the governments to step in and
  intervene more closely in peoples lives

2
Economic Collapse

• Black Thursday October 24, 1929
• New York Stock Market crashes
• US economy slips into the Great Depression
• Canadas industries depended on trade with the
  US.
• Canada slips into the Depression
• Businesses close
• 25 unemployment by 1933.

3
Assistance

• Many need aid no welfare or insurance
• They turn to
• Religious groups
• Charities
• but theres too much demand
• At first, government does not respond

4
Government Finally Responds

• 1931 Unemployment Relief Act
• Invested in PUBLIC WORKS
• Jobs building roads, bridges, public buildings
• Created DIRECT RELIEF
• Financial aid to families in need.
• COLONIZATION of remote areas
• Gaspesie, Abitibi-Temiscamingue.

5
Government Interventionism

• (def) A policy advocating increased government
  intervention in economic and social affairs.
• The emergency measures didnt have a great
  effect.
• Federal and provincial governments realized they
  needed to intervene more.

6
Peoples reaction

• People were unhappy. Wanted change.
• Wanted more protection.
• Lost confidence in politicians new parties
  emerged
• Socialist
• Communist
• Fascist
• Populist.