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Great Depression Cause and Effect Graphic Organizer
156
Transcript
Loss of Grassland
Natural Disaster
The West Affected
Protective Tariffs
Companies producing farming equipment cut production
Shrinking Demand
The Canadian economy relied on exporting staples such as wheat, pulp and paper, fish and minerals.
Price Drop for Resources
As demand decreased, the price of the resources dropped. This had a horrible impact on countries like Canada that relied on exports and trade
Overproduction
In the 1920s, global demand for these resources led to overproduction and the flooding of world markets.
Easy Credit
businesses borrowed money to expand their operations during the 1920s.
The Great Depression
Unemployment
Bankruptcy
Because of all the causes, the Great Depression occured
Loss of Demand for Goods and Services
The US Stock Market Crash
lots of people lost their jobs
On Black Tuesday, 29 October 1929, the stock market crashed in the United States
A Lack of Financial Regulation in US
Economic Ties with U.S.
In the 1920s, US banks made investments using depositors' money.
No Help from Government
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