Paper Summary:

The writer of this in-depth paper addresses specific issues and problems that existed in Canada prior to the Great Depression, such as the effects of the social and agricultural situation. This paper examines how the depression altered previously established perceptions of Canada's economy as well as the role of the state. The writer delves into the various external causes of the depression and the inadequate and ineffective government policy at the time which led to and increased the severity of the situation. This paper analyzes Canada's economy before, during and after America's depression era. This paper provides relevant data and statistics pertaining to this particular topic, including the fact that in 1933 Canada was suffering from large-scale unemployment in which 30% of the labor force was out of work.

Table of Contents:
Outline
Introduction
General Causes of the Great Depression
Canada
Conclusion
Bibliography

From the Paper:

"An essential economic aspect that is crucial in understanding the causes and effects of the Depression in Canada was that the country derived 33 percent of its Gross National Income form exports. Therefore the country was particularly affected by the reduction in world trade. This had a severe effect on the Western Canadian provinces as they depended almost exclusively on exports of primary products. Another aspect was that there had been crop failures prior to the Depression. Saskatchewan for example has been plagued by crop failures and a very low what price. Within two years "provincial income plummeted by 90 percent." "This had the result of forcing more than 60 percent of the population onto social relief."

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