Canada's Economy in The 1920's

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Presentation transcript:

Canada's Economy in The 1920's A brief summary of Canada's economy in the 1920's by Josh and Acacia

When the Veterans Returned When the Veterans returned they came back to a ungrateful country, withought proper compensation or job promises they seemed to be out of luck. Most Veterans when they came home didn’t et the chance to find work. Those who did didn’t find jobs that paid very well.

The Shutting Down of The Munitions Factories After WW1, the need for ammunition such as; bullets, artillery and other explosive/ballistic weaponry became near obsolete. The munitions factories began to shut down causing a lot of workers to go into poverty/unemployed at the least. A lot of common workers found it hard to make ends meet.

The Low Worker Wages Most workers that were hired during the war were hired in bulk, thusly they were given low paying wages. As the low wages were causing a problem to the working class things got worse as the higher up had the "Brilliant" idea of raising food prices as to gain more money. As prices went higher wages stayed the same making budgeting the equivalent of a tight rope walk due to how slim your budget.

Union Strikes When the workers had enough of the ludicrous way the were supposed to live their life Workers had the idea that one of them may not be able to influence the higher ups, but if they banded together they could force them to at least listen to what they had to say The way the workers tried to force them is they would walk out of work and cause the factory to loose all production for that day

Union Strikes v.2 The government responded to this act poorly, telling the workers to just go back work The government then began to hire the equivalent of thugs in loo of the revolting police force In the end the government began to send men on horseback through the crowd of strikers The strikes for unions inn the end was not approved until many years later

Farmer Economy The farmer's economy rose due to a high demand for bread in the war torn Europe. The cost of wheat was lowered causing a lot of problems for farmers trying to make their way in life making them go bankrupt.

Sited Websites Wkipedia Prezi.com CANADA'S BOOMING ECONOMY IN THE 1920's https://opentextbc.ca/postconfederation/chapter/7-1-the-new-economy/