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Canada’s Economy during ww1 . Resources of WAR. FOOD MATERIALS MONEY. Problems with These Resources? . FOOD RAW MATERIALS MONEY Shortage Labourers Expensive. OVERALL ECONOMIC TRENDS. CANADA
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Resources of WAR FOOD MATERIALS MONEY
Problems with These Resources? FOOD RAW MATERIALS MONEY Shortage Labourers Expensive
OVERALL ECONOMIC TRENDS CANADA • Pre-War Money Trouble • Transcontinental Railways (e.g. The Canadian Northern & the Grand Trunk Pacific) • 1913 – 1918: $2.46 billion in debt • Large exports of wheat, timber and munitions • Farm labour shortage [War and the Economy. (2011). Retrieved October 12th, 2011, from <www.canadianencyclopedia.com>]
OVERALL ECONOMIC TRENDS GERMANY • Thought it was going to be a short war • Germany wasn’t prepared • Food shortages (British naval blockades)- food rationing- “ersatz” (substitute) foods - “war bread”: 80% flour and 20% potato/turnip • Limited stocks of guns and ammunition [Lyons, Michael J. World War 1: A Short History. New Jersey: Prentice Hall Inc., 2000.]
Resources of WAR FOOD RAW MATERIALS MONEY Shortage Labourers Expensive CITIZEN PARTICIPATION HOW TO DEAL? How to Motivate Them?
PROPAGANDA! PROPAGANDA! PROPAGANDA!
Consider THIS! “Given what you know now about the Canada’s overall economic trends, predict what Canada’s economy was like by the END of the war.” .. ...we’ll be coming back to this question......
VICTORY BONDS • Sold by the government to “patriotic Canadians” (citizens, private corporations) • Giving cash to the government and getting the cash back by the end of the war • To raise funds to pay for the war [Victory Bonds. (2011). Retrieved October 14th, 2011, from <www.archives.gov.on.ca>] [The War at Home. Retrieved October 14th, 2011, from <http://oakbay.sd61.bc.ca/staff/salexander/courses/socials-11/documents/ww1_the_war_at_home.pdf>]
Resources of WAR FOOD RAW MATERIALS MONEY Shortage Labourers Expensive CITIZEN PARTICIPATION EFFECTIVE PROPAGANDA HOW TO DEAL? How to Motivate Them?