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Period: to
The progress and decline of Canada
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The assassination of Franz Ferinanad -1
The Austrian heir was assassinationed by a Serbian man known as the Black Hand. This was the beginning of the war that Canada was brought into. Many people believe this was the main cause of money troubles as Canada used there resources to help in the World War. -
Black Tuesday -2
The stock market crashes.This was the beginning of The Great Depression which racks all westernized countries. With such money lost the public begins to sells there stocks causing the banks to fail. -
The war is over +2
The war is over! Troops come home to Canada being run by women, they were forced out off there jobs for men to take over. Since the war is over the need for bullets is low and and there isnt enough jobs for all returning. -
The mines lose members -1
In the beginnning of the 20's there was 500 000 members of the United Mine Union but this dropped to a mere 75 000 in 1928. -
The stock market rises greatly +2
The stock market rises by 40, although largley superficial the public celebrates. Although the stock market rises quickly the rest of the economy is low. -
Black Tuesday -2
The stock market crashes. This is the beginning of The Great Depression that racks all westernized countries. With such lose the public panics and sells stocks which in turn causes banks to give out so[o many loans they then fail. -
Period: to
The continue of The great depression
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Unemployment increases -1
The effects of Black Tuesday creates the climb of unemployment to 15.9 percent -
The stats are in
As of early 1932 the unemployment is at 23.6 and 13 million Americans have lost there jobs. International trade is down by two-thirds. 10 000 banks have failed. -
Unemployment sees greatest drop +1
Unemployment drops to 14.3 percent. -
World war 2 begins -2
Hitler invades Poland causing the biggest human tragedy of the 1900s.