Tuesday, 26 March 2013

Canada was affected by the Stock Market Crash of 1929

This is an image of the many unemployed people during the Stock Market Crash of 1929. I chose this image because it shows how negatively affected Canadians were after this crash. The Stock  Market Crash was a big surprise. When people started selling shares for what they bought them for and no one bought them, the Stock Market crashed. Not only was it because of the lack of sell, but the bankers and owners were becoming very greedy, they decided to sell things for a much higher and unreasonable price. Canada was affected by this crash because the U.S. was our biggest trading partner, since many people became bankrupt from losing their jobs, the U.S. was unable to export their goods to Canada. 


  1. You are right that Canada was affected by the crash in the United States because they were our biggest trading partner. Canada also shared similar problems with the United States, such as easy access to credit.

  2. Have our Canadian governments done anything to prevent the depression from happening again?

  3. Not only was the U.S. not able to export to Canada, Canada was unable to export any goods to any of our trading partners which also lost us money