Roaring 20’s Economy Saskatchewan Wheat Board Canada’s Growing Economy due to WWI.
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Transcript of Roaring 20’s Economy Saskatchewan Wheat Board Canada’s Growing Economy due to WWI.
Introduction—during the war
Canada’s economy grew due to all the factories producing war supplies
Great demands
Unemployment disappeared
Poor Economy after WWIEnd of war end of demands for goods and servicesCountry in an economic slumpFactories shut downAgriculture sector suffered droughtDifficult to maintain standard of livingCanadian soldiers came back to unemploymentUnemployment was very highLittle the government could do
Rebuilding Economy
1920s—Canadian workers began to create unions to ensure job security.
Strikes held to improve working conditions
Adjust from war economy to peacetime economy
Roaring 20’s economy
Viewed as an era of great economic prosperity driven by the introduction of a wide array of new customer goods
War torn Europe
Europe was rebuilding itself
Canadian agriculture sector roseWheat on high demand
U.S. took an increasingly isolationist stance
Britain supplanted by the U.S. as Canada’s main economic partner
Trade—U.S.
U.S becoming Canada’s main economic partnerincreased trade with the U.S.The US purchased most of Canada’s raw materialsUS set up branch plant in Canada to produce American products to avoid Canadian Import taxes
Mass Production
Mass development allowed for cheaper prices of technology productsNew technology
AutomobileMovieRadioChemical industriesRefrigerators
Mass Production (cont.)Cars
Before the war, cars were rare luxuriesBy 1920, cars were much cheaper Cars had wide effects on the economy and society
• Gas stations• motels
Source industries were broadeningUnemployment dropped
Women in the Economy
During war, many women obtained jobs
Most of women retained their jobs throughout the 20’s
One in five workers were women
Growing Economy
Factories began to produce new products, like cars, radios and refrigerators.
Unemployment dropped and peoples’ lives were back on track.
Roaring 20s—Overview
United States replaced Britain as Canada’s main economic partner
technological advancements increased trade and employment rate
More women in the economy
Focus Question:
How would the economy be different without the influence of WWI? Would it be almost the same or would the changes be drastic? How did WWI affect Canada’s economy in the aspect of Canada’s relationship with the U.S. and women in the economy?
Saskatchewan Wheat Pool
Reasons for the Saskatchewan Wheat Pool
Dramatic collapse in wheat prices
Farmers wanted a decent price for their wheat
Saskatchewan Wheat Pool
The farmers of Union of Canada launched the Wheat Pool in 1924
Helped farmers get a decent price on wheat
Marketed the prairie wheat crop in export markets in accordance with world price levels
Canadian Wheat Board
Similar to Saskatchewan Wheat PoolFormed as a temporary measure to market the country’s entire cropHelp stabilize price of wheatmean of controlling the prices of wheat so that everyone would receive the same price
Focus Question
What do you think would have happened to Canadian farmers and the Canadian economy if the federal government did not establish the Saskatchewan Wheat Pool?
1)After WWI, why were the farmers’ wheat on high demand?
a) It was predicted that a drought would follow the war
b) War torn Europe needed Canadian wheat
c) There was a shortage on wheat due to an infectious virus that attacked wheat crops
d) The wheat was cheap because there were so much wheat left over from the war
1)After WWI, why were the farmers’ wheat on high demand?
a)
b) War torn Europe needed Canadian wheat
c)
d)
2) Who replaced Britain as Canada’s number one economy partner?
a) United States
b) Germany
c) Russia
d) China
3) Which of the following was the biggest reason for the pick up in Canada’s economy?a) Due to the war, Europe became a poverty
continent and, as a result, increased Canada’s economic powers
b) A newly elected Prime Minister
c) Women who stepped up when the economy was rough
d) Increased trade with the United States
3) Which of the following was the biggest reason for the pick up in Canada’s economy?a)
b)
c)
d) Increased trade with the United States
4) Mass development allowed for:
a) Increased factory scandals of theft, for there was too much goods to keep track
b) The economy to decline
c) Cheaper prices of technology products
d) A boycott in technology devices
8) Which of the followings did the Saskatchewan Wheat Pool NOT do?
a) Helped farmers get a decent price on wheat
b) Establish sky-rocketing wheat sales through the years of 1918-1928
c) Marketed the prairie wheat crop in export markets in accordance with world price levels
8) Which of the followings did the Saskatchewan Wheat Pool NOT do?
a)
b) Establish sky-rocketing wheat sales through the years of 1918-1928
c)
9) What was the Saskatchewan Wheat Pool similar to?
a) Saskatchewan Farmer’s Union
b) Saskatchewan Wheat Union
c) Canadian Wheat Board
d) Canadian Wheat Pool
For more information, check out these links!
http://64.233.167.104/search?q=cache:3InvS4yKiw8J:olc.spsd.sk.ca/de/saskatchewan100/researchpapers/WDM/Impact%2520of%2520WWI.pdf+saskatchewan+wheat+board+world+war+one&hl=en&ct=clnk&cd=1&gl=cahttp://www.sasked.gov.sk.ca/docs/midlsoc/gr7/72info.htmlhttp://www.civilization.ca/hist/phase2/mod2e.htmlhttp://www.canadianeconomy.gc.ca/english/economy/1914ww1.htmlhttp://www.savemycwb.ca/cwb_history.phphttp://www.lethbridge.ca/home/enjoying+lethbridge/Picture+Gallery/Short+History.htm