Catégories : Tous - trade - suicide - unemployment - depression

par nays kays Il y a 9 années

145

The Causes a

During a significant economic downturn, many young men resorted to riding trains in search of employment. The situation was dire, with many families losing everything and a noticeable increase in the suicide rate.

The Causes a

Young men "train riding"

The Causes and Consequences of The Depression

Causes

Canada introduced tarrifs
Influenced other countires to follow
Canada's reliance on trade with America
Stock Market Crash
Oct 29 1920 New York, Toronto, Montreal: Stock markets collapse
Sellers began to sell
Stock prices went up past vaule
"Buy now, Pay later"

Consequences

Jobless young men starting "Train Riding"
In order to find a job
Most industry workers were left unemployed but wealthy middle class Canadians noticed little change
High suicide rate
Many families lost everything
Government relief payments
Had to publicly declare bankruptcy

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