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Canada and the Depression (apr 11, 1929 – mar 8, 1939)

Description:

Unlike the United States' Depression, Canada's depression was the result of widespread drops in world commodity prices and sudden declines in economic demand and credit, which lead to rapid declines in global trade and rose unemployment. GNE fell 42%, 30% of the labour force was out of work, 1/5 of Canadians depended on gov. assistance, and unemployment remained >12% until the beginning of WWII.

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Ebb and Flow of Liberal Economics
Ebb and Flow of Liberal Economics

Date:

apr 11, 1929
mar 8, 1939
~ 9 years and 10.0 months

Images:

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