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Canada and a Roaring Economy

Canada and a Roaring Economy. Overview. The Roaring Twenties saw boom times in Canada. Unemployment was low ; earnings for individuals and companies were high . Greater disposable income meant a consumer society was being born.

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Canada and a Roaring Economy

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  1. Canada and a Roaring Economy

  2. Overview • The Roaring Twenties saw boom times in Canada. Unemployment was low; earnings for individuals and companies were high. • Greater disposable income meant a consumer society was being born. • Labourers were also thrust to the forefront of social change because of terrible working conditions.

  3. Boom in Old and New Industry • By 1923-24 the economic slump that followed the First World War was over. • World economies had improved and countries were buying Canadiangoods. • Demand for Canadian wheat reached record levels in the 1920s. • Domestic and foreign industrial demand for iron ore, nickel, zinc and copper caused a mining boom.

  4. Growth in Industry • The Canadian pulp and paper industry expanded rapidly during the 1920s. • Demandwas huge in the American market. • During the 1920s Canada exported more pulpwood and newsprint than the rest of the world combined.

  5. Automobiles • Automobile production grew from a small industry to become the fourth largest manufacturing industry in Canada. • Production of new household products also increased. • Radios, record players as well as other labour saving electrical appliances.

  6. Tariffs • Tariff: Tax on foreign goods being imported. • The federal government introduced tariffs to protect Canada’s manufacturing and industrial base. • Example: US made farm machinery was taxed so that it was more expensive than Canadian-made farm machinery. • What did this do for Canadian companies?

  7. Drastic Change • Economic prosperity and new technological developments brought about enormous change. • Many people moved into the cities to work in factories or in service industries like transportation, finance, public administration, and hospitality.

  8. Changes…. • Wages were rising for many people and for the first time people could buy stuff on an installment plan. • Beginning of a debt society. • Workers had more income, therefore more DISPOSABLE INCOME.

  9. Canada becomes a Consumer Society • Along with the 1920s came with a number of consumer products that many Canadian families ‘had’ to have. • Mass Media was introduced in the 1920s, in fact, by 1929 there were 300,000 radios in Canada, up from fewer then 10,000 radios in 1924 (beginning of boom) • Mass media = Mass Advertising

  10. Don’t Worry - Shop • Mass advertising along with job security and higher incomes meant that they could spend money on things other then the basic necessities. • There was more ‘disposable’ income.

  11. Advertising • Advertisers made luxury items seem like necessities to hundreds of thousands of Canadians. • There was an astounding range of household goods made available by places like EATONS.

  12. Advertising • EATONS catalogue was a central feature in every Canadian household.

  13. Miracles • Automatic washing machines, hand operated washing machines, electric irons, electric toaster, electric stoves, vaccuum cleaners and sewing machines. • These products gave people more free time.

  14. Automobiles • By 1928 there were many other automobile plants in Canada and the United States. • Canadians could shop around, they could buy a Chevrolet or Pontiac. • By 1929 a large percent of Canadians owned cars, in fact over 10 years it had increased 300%.

  15. What did the automobile do for Canadians? • Before the 1920s only the rich could travel Canada. • After the early twenties the average Canadian could. • Canadians went on Sunday family drives.

  16. The Radio and the Family • Radio was a way for families to spend time with on another. • The entire family would huddle around a radio set and listen to their favourite weekly shows of music, comedy, soap opera, education, news and preaching.

  17. Conclusion • The economic boom made life easier for many Canadians and in some ways it brought families together.

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