The Great Depression : The Stock Market Crash of 1929
All the prosperity and success of the 1920s, unfortunately led to the stock market crash of 1929. The depression hit Canada for many reasons, those include:
- Over-Production and Over-Expansion
- Dependence on a Few Primary Products
- Dependence on the United States
- High Tariffs Choked Off International Trade
- Too Much Credit Buying
- Too Much Credit Buying of Stocks