1. The Great Depression
The end of Prosperity

2. Society and Economics
Canada and the U.S. experienced ‘Boom’ period in the 1920’s
led to increased mass consumerism
growth of mass production
increased focus on isolationism, leading to exclusion – especially from the European market

3. Causes Overproduction - too many goods for U.S. population to consume
excessive margin or credit purchasing
tariffs - the downside
stock market crash: October 24, 1929 (Black Thursday)

4. The Stock Market - a primer
buying shares (stocks) = purchasing a portion of the corporation
companies sell shares to raise revenue for investment of expansion
supply and demand:
- greater demand = higher prices
- lower demand = lower prices
basic tenet: buy low, sell high

5. Key Events and Issues Collapse of the banking system
Personal and business bankruptcies caused banks to collapse
depositors lost savings in runs on the banks
massive unemployment and poverty

6. Comparing the ‘29 Depression with 2003 Depression

7. Depression Around Canada and the U.S.
Unemployed workers march in New York

8. Income in the depression

9. Soup Kitchens
Soup kitchens provided some, but little relief

10. Drought and Duststorms in the Prairies
Oklahoma
Regina

11. Homeless Camps in
BC and Saskatchewan

12. A Depression Era Christmas

13. Trekkers in the Interior of BC

14. Homeless on the Prairies

15. Shanty-Town on the Prairies

16. Maple Leaf Gardens Built in 1931 Managing director Conn Smythe
Completed in six-months {started on June :00 am, opened on November }
Cost of $1.5 million

17. Hoover’s Attempts
Herbert Hoover- inaugurated as President of US in 1929
resisted government intervention in the economy
offered some assistance to corporations but not to workers
villages of tarpaper shacks became known as “Hoovervilles”

18. Roosevelt & the New Deal
Started alphabet soup
Started spending money
Re-organized banks
Helped the poor and regular people
Franklin Delano Roosevelt

19. William Lyon Mackenzie King
Liberal
10th PM of Canada
December 29, 1921 – June 28, 1926
September 25, 1926 – August 6, 1930
October 23, 1935 –November 15, 1948

20. R.B. Bennett Conservative 11th PM of Canada Aug. 7, 1930-Oct. 23, 1935
Did little to alleviate the Depression

21. Bennett Buggy

22. Canadian Attempts Stopped all immigration
Said it was municipality and provincial responsibility
William Lyon Mackenzie King said he wouldn’t give a 5 cent piece to Tory government
Ultimate solution - WW II