During the Great Depression, many people suffered. Most people were left
hungry, and hopeless. Before the depression started the economy was great. People
were buying new cars, new houses, most people had jobs, the wages were good, and
people were using credit.
Then the dirty 30’s hit hard, which caused lots of distress for many Canadians.
Events like the stock market crash, R.B. Benn starvation and farming crisis’. People lost
their jobs, families lost their houses, many children had to stop going to school and start
working for money to help their family while dangerous men were wandering the streets.
Today almost everyone has jobs, credit is carefully used, minimum wage, there is
still poor and homeless people today, but not as many during the time of the
Depression. People have more privileged items like cell phones and cars to drive
around in. The Depression has brought Canadian citizens closer together as one big
family and more of an equal society. The Great Depression was a direct result of the
way the people were living, and because of all the starvation and loss in jobs the
government tried to help the people. This caused people to become more financially
involved and more aware of what could happen.
There are six main reasons for the Great Depression. Over population in Canada
and over expansion was a big one. The large supplies of goods, and newsprints were
produced, but not a lot of people were buying them. Forcing lots of factories to slow
down their production therefore laying off employees.
Therefore, farmers were not able to purchase machinery to help with the work, affecting
the industries that could not afford manufactured goods.