How Did The Great Depression Affect Canada

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Black Tuesday was October 29, 1929, the day the American stock market crashed. This also negatively affected Canada and all other industrialized countries in the world at that time. This day led to the Great Depression in all these countries. The Great Depression was a severe worldwide economic downturn in the 1930s characterized by mass unemployment, bank failures, deflation, and a significant decline in industrial production and international trade. The crash was fueled by panic selling, where investors rushed to sell their stocks to avoid further losses. This mass selling led to a dramatic fall in stock prices, crushing the economy since everyone was selling their stocks but no one wanted to buy the stocks. Canadian markets were influenced
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