1. 192619271928192919301932 Bell 629016218314578 CPR 12183036252.25 Ford 10255570405.75 Imperial Oil 14223041257.40 Florida Lands 15497300 Stock Market Prices 1926-1932

2. The Business Cycle: Boom and Bust

3. Depression Economic Analysis Figure 5.1.j When was the “trough” of the business cycle of the 1930s? Explain with reference to the trends shown in the graphs. Figure 5.1.i Which province had the biggest decrease in income? Which had the lowest? Wheat Yields How do the wheat yield data help to explain the above? Hypothesize – why do you think wheat production fell so dramatically?

7. The Vulnerability of the Canadian Economy, 1929 Too heavy a reliance on staple products About 80% of all of Canada’s staple products was sold outside the country the Canadian economy’s reliance on exports 33% of Canada’s GNP (Gross National Product) came from selling goods to other countries Nearly 40% of Canadian exports were sold to the United States over dependence on the United States as a market and a source of investment funds

8. easy money — credit was too easily available (example – buying stock on margin) RESULT: overproduction of goods — from wheat to manufactured products and high levels of debt global economic weakness — there would be a ripple effect from the weakness in other economies

9. The stock market crash of October 1929- was The first evidence of The Great Depression, but was not “The cause” It was a sign of fundamental economic weakness later — the weather — drought would devastate western Canada