ADMS 1010 Lecture Notes - Mass Customization
Document Summary
Bennett wouldn"t step in therefore the econmy was worst out of all. In depression ppl cosume less and cut the spending, retailors goin outa business becuz ppl reduce consumption. Most effective way to deal with this is to cosult with gov"t- needed big loans. Farmers and progressive didn"t like anything goin on in canada they didn"t like big business, and thought about socialist. Conservatives were in power for most of the depression. Increase in women in the 20th century iin the workforce. Women were cheap workers, u can pay them lot less then men. Bennet wants to belive that the market can fix things, which is why he doesn"t do anything. Depression is the fault of retailers becuz they r charging too muchthey blame retailers why everyone is poor so they create a royal commission. Govt try to blame business for ecocnomic problems tht happening. Eatons less proft margins, and reduce their profits.