1. Great Depression
Canada's economy in the 1930's suffered a drastic collapse. That period of economic decline is referred to as the great depression. What were the central causes of the depression? Although many factors contributed to it in Canada three significant causes were: The over production of goods and the over expansion of industry, Canada's huge economic dependence on the United ... only as much as you can sell." With an over abundance of products and no consumers the threat of a depression was becoming a reality. Canada's economy had always been closely connected with the United States so it was in...
- Word Count: 406
- Approx Pages: 2
- Grade Level: Undergraduate