10 dez 1936 ano - Canada and the Depression

Descrição:

During the great depression, Canada experienced a similar hit as the other western countries, specifically canada suffered a GDP drop of 40% and unemployment reached 27% at the depths of the great depression. The canadian government would not promote policy similar to roosevelt's new deal in the united states, believing the depression would pass and only providing moderate relief. The refusal of the government to intervene even in such dire times is a clear mark of right wing, Laissez-faire economic policy.