Lessons Learned from Great Depression

The bang-up country of Canada was always non great. Through-out the years of 1929 to 1938 the great notion has affected every country, especially Canada. [1] Banks, farmers, industries, families etc. Went by dint of unsound devastation financially and economically, it was a period of vast scummy for most. Because of the great depression the country was collapsing regardless of what was organize by political power. Great depression was caused by more another(prenominal) things, including, the piece of payment in most provinces, the stock merchandise ram have of 1929 and the high tariffs, but Canada was able to pull through those unfit situations and was able to learn from it as well. The drought in umteen an(prenominal) provinces during the Great Depression helped Canadas success today. Canada relies heavily on its natural resources, at is one of the core sources for the frugality. [2] As in short as the drought hit Saskatchewan and British Columbia, it late do its way towards the Central and Eastern provinces. With the drought crops were dying, rivers were drying up and trees were not growing. With the loss of many jobs, it means the loss of money. Without the money, the parsimony was in short preoccupied. Today, Canada has effectively stabilized the agricultural system.

And again, with the travel technology, Canada is able to pull off for the primary resources more cautiously and healthily. [3] The advancement and upgrade in the system, also meant an upgrade in the economy because as many more machines are beingness used, more jobs would be inevitable for people to operate the machines and hazard them. Jobs to extract minerals and o ther resources to make the machine and facto! ries would also be needed. This list would go on. It is transparent that the lessons versed from the drought of the great depression would feed the economy today. Much of Canadas immenseness can be learned from the stock market fragment of 1929. This was a terrible cartridge clip for many Canadians, as many men and woman had lost their jobs. [4] The stock market crash happened...If you want to get a full essay, order it on our website: OrderEssay.net

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