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history
Updated: 10/7/2020
history
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Storyboard Text

  • Causes of the Great Depression
  • History Rm 213
  • What were the causes of the Great Depression?
  • That is a great question, here let me show the class.
  • Cause #3: Too much credit buying
  • Many workers were laid off at this time. There was an over-production of goods that were unsold in warehouses throughout Canada.
  • We're working on it. We need to borrow more money from the bank.
  • Cause#1: Over-production and over-expansion
  • We need to keep building factories and expanding!
  • Canada depended heavily on the United States for its export and import of goods. 65% of Canadas imports and 40% exports were from United States. When the depression hit America, it affected Canada greatly.
  • Cause #2: Canadas dependence on the United States.
  • How will we survive. The United States was our biggest trading partner. We rely on them.
  • The depression has hit us. We can no longer afford to buy your goods or export ours to you.
  • Months later
  • Your greatly in debt
  • We get to borrow money, now we can afford more land and so much more!
  • This is so exciting!
  • All this land is now ours and all your belongings will be taken away!
  • Cause #4: The great crash "Black Tuesday"
  • hhh
  • In 1929 the stock market crashed causing lots of people to lose great amounts of money.
  • The stock market is crashing!
  • vgrdfgd
  • The End
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