Tuesday, November 30, 2010

How effectively did the Canadian government, individual Canadians, and new political parties respond to the challenges of the Great Depression - Part 1

Nineteen Twenties, also known as “Roaring Twenties”, was a rich time period in Canadian history. Canadian economy had increased as factories produced heavy productions and prairies provided massive amount of wheat. It was a great period of time for farmers, laborers, and other average Canadians because they got experience their wealthy fortune in that era. Some people bought automobiles and some benefited from the profit that they could earn in rising stocks. As people spent their time in roaring twenties, they never realized that many of them were going to encounter with a dark future in nineteen thirties. Today, historians have different point of views on the causes of Great Depression. Some state over production of goods as the main cause. Anyway, back in nineteen thirties, people seriously suffered from the Depression. Mostly though, average Canadians had critically undergone a harrowing ordeal since they lost their houses and wealth. Great Depression lasted for about a decade and Canadians responded somewhat effectively to the challenges and conflicts, until it came to an end.

First, as the people enjoyed their time in “Roaring Twenties”, the Canadian government and other political leaders could not predict about any economic depression in nineteen thirties due to the growing economy and cheerful lifestyle. When the stock market crashed in nineteen twenty – nine, it took just a couple of minutes to spread the panic all over Canada. However, political leaders could not manage to over come the conflicts in “Dirty Thirties”. As the Prime Minister, Mackenzie King gave the responsibility of welfare and relief to provincial governments, in nineteen thirty, federal government freed from monitoring economic problems in Canada. Furthermore, he gave “five – cent piece” to provinces, which ruled by the Liberal party. He neglected provinces those governed by his opponent political parties, such as Conservatives. These incidents, which happened at the beginning of the depression, explained how the government ineffectively reacted to troubles in thirties. Then Richard Bennett came to power after the general election of nineteen thirty, as a result of Mackenzie’s failures. Nevertheless, he too could not manage to take a significant effort, as he promised before the election.

Continue to part two

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