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These flashcards cover key economic terms, causes, and effects of the Great Depression in Canada, as well as political changes, social issues, and advances in women's rights during the 1920s and 1930s.
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Depression
A long time when the economy is really bad: lots of people lose jobs, money, and homes.
Prosperity
Doing well economically; people have jobs and money.
Recovery
When the economy starts getting better after a depression.
Supply and Demand
If there’s too much stuff and not enough buyers, prices drop and businesses fail.
Overproduction
Factories and farms made more goods than people could afford to buy.
Consumerism
People buying lots of goods, often using credit.
Buying on Credit
Buying now, paying later.
Buying on Margin
Borrowing money to buy stocks, which is very risky.
Stock Market Crash (1929)
People panicked and sold stocks, leading to bank failures and economic collapse.
Dependence on Exports
Canada relied on selling wheat, lumber, and minerals to other countries.
Protectionism / Tariffs
Countries raised taxes on imports, leading to less trade and worse economy.
Dust Bowl
Environmental disaster caused by drought and wind, destroying farms on the Prairies.
Unemployment
Millions lost their jobs during the Great Depression.
Living Conditions during Depression
People lived in shacks, soup kitchens, and relief lines.
Pogey
Government relief money during the Great Depression, often insufficient.
Hobos / Riding the Rails
Unemployed men illegally rode trains looking for work.
Unemployment Relief Act
Government program that gave money to provinces for relief.
Relief Camps
Camps where single men did hard labor for very low pay, causing protests.
CCF (Co-operative Commonwealth Federation)
Political party that wanted social programs and help for workers.
Regina Manifesto
CCF's plan to end capitalism and support workers.
Social Credit Party
Political party that promised money to citizens to boost spending.
Persons Case (1929)
Legal recognition of women as 'persons' in Canada.
Residential Schools
Schools that forced Indigenous children to abandon their culture and language.
Banning of Ceremonies
Traditional practices among Indigenous peoples were outlawed.
Immigration Restrictions
Canada limited who could enter during hard times.
Halibut Treaty (1923)
Treaty signed by Canada without Britain, marking a step toward independence.
Statute of Westminster (1931)
Legally granted Canada independence from Britain.
Old Age Pension Act (1927)
The first major social safety net for seniors in Canada.
King-Byng Crisis
Political event demonstrating Canada's independence from Britain.