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| less severe than a depression, a recession is a downturn in economic activity in which the value of goods and services declines |
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| a long period of severe economic and social hardship, massive unemployment, and suffering |
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| the quantity of a product that is available and the market’s desire for that product; the price of the product varies based on supply and demand |
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| in the economic cycle, the period of economic growth and expansion |
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| in the economic cycle, the period following a recession during which the value of goods and services rises |
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| more goods being produced than being sold; leads to a decrease in production, which leads to increased unemployment |
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| a system of using tariffs to raise the price of imported goods in order to protect domestic producers |
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| a 1935 rail trip from Vancouver to Ottawa (stopped at Regina) by unemployed men to protest conditions at employment relief camps |
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| a riot that occurred when police attempted to clear On-to-Ottawa trekkers from a stadium in Regina |
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| a series of programs, such as social assistance for the aged and unemployed, introduced by U.S. president Roosevelt in the 1930s to deal with the Depression |
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| an economic condition in which industry is free of government intervention |
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| a state in which the government actively looks after the well-being of its citizens |
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| Co-operative Commonwealth Ferderation (CCF) |
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| Canada’s first socialist party founded in the Prairies in 1932; advocated government control of the economy |
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| an economic system in which the production and distribution of goods are owned privately or by shareholders in corporations who have invested their money in the hope of making a profit |
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| platform of the Cooperative Commonwealth Federation party; it supported public ownership of industry and social programs to assist those in need |
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| political party founded in Western Canada; opposed to capitalism |
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| nationalist French- Canadian political party led by Maurice Duplessis |
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| a movement advocating for the protection and development of Québécois culture and language |
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| a federal transfer of funds from richer to poorer provinces |
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