1. October 29, 1929 Stock Market Crash
1.1. Black Monday (October 28, 1929) investors lost 38.33% of their money in one day
1.2. Investors lost 11% of their stock value on October 24, 1929
2. Causes of Great Depression
2.1. Low demand for products, High unemployment
2.2. Stock Market Crash
2.3. Bank Failures
3. Dust Bowl - Drought on Prairies
3.1. Damaged ecology and agricuture because of bad farming practices and drowt
3.2. Three waves 1934, 1936, and 1939-1940
4. Protectionism & Tariff Barriers
4.1. Imports have tariffs to protect US manufacturers from overseas competitors
4.1.1. Other countries got revenge by putting tariffs on US manufactured goods sent to other countries, so nobody wanted to buy our products in the rest of the world, which hurt US manufacturers.
5. Mackenzie King - "5 Cent Speech"
5.1. McKenzie King didn't want to give unemployment benefits to provinces with opposite government, the conservatives.
5.1.1. The Conservatives believed he didn't understand regular people and that he couldn't run the country. They won the next election because of his mistake.
6. Impacts on Aboriginal Canadians
6.1. When people could no longer afford to buy fur coats, many Aboriginal people became very poor. They couldn't quickly re-start any other business.
7. Prime Minister Bennett
7.1. Set up many programs to help the unemployed and especially farmers who were facing lots of problems including selling their wheat so he set up the Canadian wheat board.
7.2. Conservative Prime minister after McKenzie King's 5-cent speech.
7.3. He set up the CBC to help us maintain our Canadian culture separate from the USA.
8. Statistics
8.1. Industrial declined rapidly, 30% unemployment by 1933
8.2. spending in Canada was down by 42% from before the crash
8.3. 1 in 5 canadians became dependent on government relief for survival (and it was hard to get)
9. The Dole/Pogey/Relief
9.1. "Pogey" is an expression for the relief money for those that have no other way of making money, it was a long line and people had to publicly tell about their money situation
9.1.1. Was difficult to obtain and never enough money to cover the bills anyway
9.2. The "dole" was when they doled out actual foods like flour and beans, but it was still not enough to live on.
10. Relief Camps
10.1. Department of Defnce ran camps for homless single men, because nobody else would help them, paid them 20c a day for construction work.
10.1.1. There was a violent riot about conditions in the camps, the Regina Riot.
10.1.2. On-to-Ottawa Trek was a protest from Vancouver to ottawa in 1935 to protest the conditions in the camps.
11. USA/FDR's New Deal
11.1. President Roosevelts plan to use government money to employ people, reform, relief, and recovery.
11.1.1. 3.1 billion dollars and employed more than 20 million people.
12. Provincial Equalization Payments
12.1. Ottawa paid the provinces extra money before the depression but they went up a lot at the start of the depression to help with the unemployed, 60% of the money was for this.
13. Rise of Hitler and Nazi Party
13.1. During the Depression Hitler got greater power because people so desperate and angry taht they would listen to more radical ideas than they had before.
13.1.1. Hitler blamed the jews for causing the great depression.