HIST 2500 Lecture Notes - Lecture 17: Money Supply, Police Riot, Polskie Radio Program Iii
Document Summary
The great depression persisted from 1929-1939 (a decade) Depth and longevity in the 1930s led some canadians to believe that what they were experiencing was the collapse of industrial capitalism. 29 october 1929 new york stock market crashes. Large issue with stock market crash = led to bank rushes, leading to contraction of money supply. If country import more then it exports, then it exports its currency. Make sure to export more than importing to do this, have to control supplies. American tariff barrier to limit imports from the usa because canada"s economy was relying on the usa. During gd many women found themselves and the primary care giver, some cases sustaining the family entirely. Single women in big cities find employment. Young women make larger contributions to family incomes. Sending letters to prime minister during great depression for charity and asking for help. Example given in lecture: asking for underwear for her husband.