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Unit 3

Unit 3. Chapter 5 Prosperity and Depression Pages 76-94. I ntroduction. Our identity is shaped by our experiences Sports Arts Social issues Historical events have played a role in shaping Canadian identity Prosperity following WWI (“Roaring Twenties”) Great Depression (“Dirty Thirties).

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Unit 3

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  1. Unit 3 Chapter 5 Prosperity and Depression Pages 76-94

  2. Introduction • Our identity is shaped by our experiences • Sports • Arts • Social issues • Historical events have played a role in shaping Canadian identity • Prosperity following WWI (“Roaring Twenties”) • Great Depression (“Dirty Thirties)

  3. Prosperity in the 1920’s Section 5.1 Explain the factors that account for the varying levels of prosperity in the 1920’s

  4. Key Terms • Branch plants • Tariff • Assembly line • Primary industries • Secondary industries

  5. Prosperity in the 1920’s“for some” • Immediately after WWI, economic slump in Canada • No longer demand from Europe for Canadian goods • Greatest impact felt in Maritimes and on the prairies • Goods/services scarce during war because industry mainly produced wartime goods • This drove up prices for everyday goods

  6. Prosperity in the 1920’s • Wages did not match prices so many were unemployed • Around 1923, Central Canada, BC, and the Prairies began to recover. Why? • Increased manufacturing • Mining – (Changing Technology, Eg. Electricity) • Agricultural production • Trade with USA

  7. Economic DeclineMaritimes/Newfoundland • Economic boom of Central Canada, the prairies, and BC did not reach this region of the country. Why? • Increased demand for shipbuilding • Increases in freight rates • Distance from markets • Lack of hydroelectricity • Reliance on Natural resources • Tariffs raise by the USA

  8. Complete Activity 1

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