Friday 5: December 19th
1. What is a depression?
-A significant and prolonged downturn in the economy
2. What were two causes of the great depression?
-overproduction, resource based economy, dependance on the USA, buying on credit, stock market crash, drought, infestations
3. What were two consequences of the great depression?
-massive unemployment
-poverty
-social upheaval
-new political parties
-new social welfare programs
4. What was “relief”?
-financial aid from the government
5. Of all the consequences of the depression which had the greatest effect on Canadians and why?
-many answers just need to back it up
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