Roaring_20_s_Economy - Carrie Sarfraz Stefeni Karthik

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 WWI End of war end of demands for goods and services Country in an economic slump Factories shut down Agriculture sector suffered drought Difficult to maintain standard of living Canadian soldiers came back to unemployment Unemployment was very high Little 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 rose Wheat 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 partner increased trade with the U.S. The US purchased most of Canada’s raw materials US 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 products New technology Automobile Movie Radio Chemical industries Refrigerators

Mass Production (cont.) Cars Before the war, cars were rare luxuries By 1920, cars were much cheaper Cars had wide effects on the economy and society • Gas stations • motels

Source industries were broadening Unemployment 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 Pool Formed as a temporary measure to market the country’s entire crop Help stabilize price of wheat mean 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?

POP QUIZ!!

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) b) c) d)

United States Germany Russia China

2) Who replaced Britain as Canada’s number one economy partner? a) United States b) c) d)

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

4) Mass development allowed for: a) b) c) Cheaper prices of technology products d)

5) In Canada, 1 in __ workers by the end of 1920’s was a woman a) b) c) d)

1 5 20 500

5) In Canada, 1 in __ workers by the end of 1920’s was a woman a) b) 5 c) d)

Name a reason why the Saskatchewan Wheat Pool was created

7) Which year was the Saskatchewan Wheat Pool launched? a) b) c) d)

1914 1918 1924 1929

7) Which year was the Saskatchewan Wheat Pool launched? a) b) c) 1924 d)

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) b) c) d)

Saskatchewan Farmer’s Union Saskatchewan Wheat Union Canadian Wheat Board Canadian Wheat Pool

9) What was the Saskatchewan Wheat Pool similar to? a) b) c) Canadian Wheat Board d)

The End Carrie, Karthik, Sarfraz, Stefeni

For more information, check out these links! http://64.233.167.104/search?q=cache:3InvS4yKiw8J:olc.s psd.sk.ca/de/saskatchewan100/researchpapers/WDM/Impa ct%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.html http://www.civilization.ca/hist/phase2/mod2e.html http://www.canadianeconomy.gc.ca/english/economy/1914 ww1.html http://www.savemycwb.ca/cwb_history.php http://www.lethbridge.ca/home/enjoying+lethbridge/Pictur e+Gallery/Short+History.htm

Links (continued) http://www.sasked.gov.sk.ca/docs/midlsoc/g r7/72info.html http://www.answers.com/topic/roaringtwenties http://www.answers.com/Saskatchewan%20 Wheat%20pool http://scaa.usask.ca/gallery/wheatpool/galler y.php