Visual ProjectChris Park

The Great Depression was a severe worldwide economic depression in the decade preceding

World War II. ( The timing of the Great Depression started in about 1929 and lasted

until the late 1930s or early 1940s.)

What was the Great Depression?

Most important causes are Stock Market Crash of 1929, Bank Failures, Reduction in Purchasing Across the Board, American Economic Policy

with Europe, and Drought Conditions.

What were some of the causes?

Canada was hit hard by the Great Depression. Between 1929 and

1939, the gross national product dropped 40%

(compared to 37% in the US). Unemployment reached 27% at the depth of the Depression in 1933. Many businesses closed,

as corporate profits of $396 million in 1929 turned into

losses of $98 million in 1933. Canadian exports shrank by

50% from 1929 to 1933. Worst hit were areas dependent on primary industries such as

farming, mining and logging, as prices fell and there were few alternative jobs. Families saw

most or all of their assets disappear and their debts

became heavier as prices fell.

Canada

The main areas of great depression.

The migrant workers are people who are engaged or have been

engaged in a remunerated activity in a State of which he or she is not

a national. Banks closed. Many people lost all their

savings. Businesses closed, and many people lost their jobs and their

homes. A time of great hardship began. The United States economy went into a depression. Soon the

Depression spread to the rest of the world. This was called the Great

Depression. In the United States, one out of every three people was

unemployed. During this period, many farmers were forced to sell their

farms. Many farmers became migrant workers. They moved with their

families. from one place to another looking for work. In 1932, Franklin D. Roosevelt was elected President. For

him, the Great Depression was a national emergency. He told

Americans that he had made a new plan to help the economy. The new

plan was called the New Deal.

Who were the migrant workers

and how were they affected by the

Great Depression?

The New Deal gave government a more active part in the economy. Roosevelt

started government programs to make new jobs. These jobs included

building roads, airports, and schools. Many artists and photographers also

worked on government project.