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The 1920’s, Were They Really Roaring
After World War One the world faced a post war depression. However, some countries, like Canada, experienced great economic recovery. Canada also experienced cultural development after the war as the 1920’s began. The 20’s started off great, but they the ended terribly with the start of the depression.
Canada’s economy in the 1920’s is described as a roller coaster ride, starting with post-war depression then rising up with economic recovery. Up until 1924 Canada was still fairly poorly but in 1924 conditions improved. America was able to lend money to European countries, because they didn’t face any destruction on the home front and they had a strong economy. These loans allowed European countries to purchase Canadian and American produce, this greatly supported Canadian economy. Canada also exported pulp and paper, hydroelectricity and mining materials to the Americans. The automobile industry also helped the Canadian economy, “by the end of the decade there were more than 12.5 million motorized vehicles in the country” (Newman 148). Leather, rubber, glass steel, tin, lead, aluminium, and nickel production was increased for use in the automobile, also petroleum was sought after for automobile fuel. Spin-off i
Approximate Word count = 1149
Approximate Pages = 5 (250 words per page double spaced)
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