The Roaring Twenties & The Great Depression.

1287 words - 5 pages

If the 1920's represented the "Great Party" then the 1930's represented the "Great Mess." This sentence represents the boom bust era and the Depression era. The 1920's was called the boom bust era or the roaring twenties because it was a time of joy and the 1930's was called the Depression because it was the years where Canada was in its depression. To further more educate you about this topic I will discuss Canada's Economics, Social life and politics of the 1920's & 1930's.Economics in the 1920's & 1930's were very different. After the post war recession, Canada's economy appeared to boom in the 1920's. New inventions were made such as the traffic signal, penicillin, television, the first car, the snowmobile, and the two most important of them all, the radio and Electric stove. The radio altered everyone's life by providing exciting entertainment that was available to not just the rich people but it also to the people who were poor too could purchase a radio for cheaper prices. The other invention that improved everyone's lives namely women's was the electric stove. This was a significant invention in history because it saved tons of time of cooking for the women. An example of this is: on average it used to take 3 hours to cook a good dinner before the electric stove, after the stove was invented on average it took 45 minutes! Also lots of jobs opened up in the 1920's and barely anyone was unemployed. The reason for this expansion of jobs was the attempt of recovery of WWI. In the 1930's all of this changed when the stock market crashed and the depression hit, the stock market crashed because to many shareholders started to sell their stock at the same time all of this selling of stocks caused the stock market crash. Due to this people lost their jobs, this was because most people had invested their money in the stock market. When the people lost it all, they started to go to their banks to take out all of their money so they could have some money to live off of. Unfortunately, the banks did not have enough to pay thousands of people 100's of thousands of dollars at the same time. This caused the banks to go bankrupt. Another part of the depression was the drought which was occurring in the Eastern farmland of Canada. No one could grow any of their crops to sell for exports. There was also a plague of locusts going on at that time; they were eating anything they could get their teeth on. This eliminated all of the chances of farmers getting their crops exported for some money. All together these are the factors which played a role in the Economics of the 1920's and 1930's.Social life was alive and booming during the 1920's. This all changed in the 1930's when the Depression hit Canada hard. In the 1920's people would be drinking and dancing to the wild new sounds of Jazz. Jazz was the hot new music that defined the roaring twenties. Jazz had its roots in ragtime and vaudeville. Women's became more open because they were replacing the...

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