LABRST 1A03 Lecture Notes - Dust Bowl, R. B. Bennett, Limited Government

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Not as quite as big as it was in 1929. Built and expanded plants that were too big. In order to build those larger plants, they borrowed money. Can"t sell goods or pay their debs which adds on to the financial crisis. Canadians spent as much money paying their debts then they spent on the relief for the poor. If they had overextended themselves, they had a problem. The 30s tended to be the time to still be favorable to a lot of businesses. West went bust, also had extremely bad luck. Depends on what industry you are talking about. Small ticket items are smaller things like shoes or clothes. In 1933, construction industry is one quarter of the size as it was in 1929 (reduced by 75 %) Women are the ones doing small ticket manufacturing. Industries that recover tend to be industries that women represent (garment industry) Male dominated industries (steel, manufacturing) was harder to get and keep.

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