Term
| In 1930, who was Canada's new Prime Minister? |
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Definition
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Term
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Definition
| -The day the stock market crashed in October of 1929. |
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Term
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Definition
| Canada's new Prime Minister in 1930. |
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Term
| In the 1930 Federal Election, why did Canadian citizens vote for the Conservatives? |
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Definition
| Because citizens remembered King's "Five-Cent Piece" speech and didn't want the Liberals to win. |
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Term
| Who was William Lyon Mackenzie King and when was he in power? |
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Definition
He was the Prime Minister of Canada from 1921 - 1930.
Bonus: He was also Prime Minister from 1935 - 1948. |
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Term
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Definition
| He was the leader of the Conservatives and new Prime Minister in the 1930. |
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Term
| In 1930, what country did Canada economically depend on and why was this important to Canada's economy? |
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Definition
| The United States because our imports were 65% from the US and 40% of our exports went to the US. |
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Term
| Define Credit and Interest |
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Definition
Credit: Ability to buy now and pay later.
Interest: A fee placed on borrowed money. |
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Term
| What are the SIX causes of the Great Depression? |
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Definition
-Over-production and over-expansion
-Canada's dependence on a few primary resources
-Protective tariffs
-Canada's dependence on the U.S
-Too much credit buying
-Too much credit buying of stocks |
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Term
| King declared he would not give "_________" to any province that did not have a Liberal government. |
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Definition
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Term
| What political party was Prime Minister King a part of? |
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Definition
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Term
| What happened in the 1930s to the citizens of Canada regarding employment? |
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Definition
-1/3 of Canadians were unemployed
-No unemployment insurance, no family allowance and no government sponsoring medical care. |
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Term
| What did King think was the best thing to do in the 1930s during the Great Depression? |
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Definition
| He thought it was best to just "wait it out". |
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Term
| What is over-production and over-expansion? |
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Definition
-Agriculture and industry reached high levels of production
-Too many goods were produced and were stockpiled. |
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Term
| What were Canada's "staple" products in the 1920s and 1930s? |
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Definition
| Wheat, fish, minerals and pulp and paper. |
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Term
| At the relief camps, how much did the men make a day and what were they given? |
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Definition
| They made 20 cents a day. They were given food, shelter and clothing. |
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Term
| What were social credits? |
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Definition
| credits/cash payment to adult citizens of $25/month. |
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Term
| How many Prime Ministers did Canada go through in the 1930s. What was the order? |
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Definition
Canada had 2 Prime Ministers, however one was in office twice, so one could say we had 3.
Early 1930s - King
Late 1930s - 1935 - Bennett
1935+ King (again) |
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Term
| What were social credits? Why weren't they useful? |
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Definition
| The Social Credit party gave out social credits of $25/month to each adult to spend on goods. These credits were called 'funny money' because they were worthless because they were declared illegal. |
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Term
| Where did the Social Credit party originate and what was one of their solutions? |
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Definition
| The province of Alberta. One of their solutions was to give out $25 social credits to all adults to spend on goods. |
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Term
| What is a tariff and what significance do tariffs have during the Great Depression? |
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Definition
A tariff is a tax on imported products.
Significance: One of the 6 main causes of the Great Depression. Countries placed tariffs on imported goods to protect their own industries from foreign competition. |
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