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Recovery

Recovery. available online @ msbeenen.wikispaces.com. Slow and Steady. Canada’s recovery has some major differences from the States States: Productivity rose but employment did not Canada: Employment rose> productivity was slow. CRBC & Bank of Canada.

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Recovery

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  1. Recovery • available online @ msbeenen.wikispaces.com

  2. Slow and Steady • Canada’s recovery has some major differences from the States • States: Productivity rose but employment did not • Canada: Employment rose> productivity was slow.

  3. CRBC & Bank of Canada • As mentioned previously: CRBC (radio) provided Canadians with a means to escape the GD. This helped keep morale up> just like in war; MORALE IS IMPORTANT! • Thanks to the Bank of Canada, credit and currency was better managed than before the depression.

  4. Bank of Canada cont. • Also a private bankers bank to assist and advise the Canadian Government • Helps steer the Government in right direction to get out of debt. • Bank of Canada is nationalized in 1937> only increasing its power of helping Canada

  5. Welcome to War (again) • Despite the CBC and Bank of Canada, Canada needed something big to get the country moving again • This big thing was unfortunately WWII • Wars need soldiers, munitions, clothes, food, EVERYTHING • This meant JOBS and BUYERS and MONEY!!

  6. Class Tasks • Get into groups of 4: you will be given topics, using your notes create study questions for those topics. • Your group should create 5 questions plus answer key with varying degrees of difficulty (easy to hard) • Each group member must contribute a question! • Once finished, allow Ms. Beenen to approve them. (she will then explain next steps) • TEST ON WEDNESDAY

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