.

Tuesday, March 5, 2019

Canada: 1920’s and 1930’s

How Canadian Men Stayed open During the Dirty Thirties The twenties were a time of flappers, bobs, and jazz with nothing but buying exorbitant goods in between. However, these careless times were short- lived and the dirty thirties began a few years later. Society was affected on a large economic scale which in turn congeal a strain on the familial bonds of those trying to survive the drastic transition between these two decades as men went to drastic lengths to bear out their families, as seen in the film Cinderella Man.Canadian citizens of the 1920s lived in a woolly-headed dream where money was as easily elucidateed as it was spent. Canadians were facing a time of prosperity, where wages were high and unemployment was low. Such prosperity realised a aesthesis of monetary and economic security deep down Canada and the more Canadians earned, the more they wanted to gain. Canadians were spontaneous to make risky decisions and so, many saw excitement and a quick- rise to w ealth in the shineslope trades. Companies would sell stocks, or shares, in their business to investors. In return, investors were entitled to a share of any net a company earned.In station to increase profit, many began to buy on margin. To elaborate, they would purchase a stock with a small down defrayment and borrow the rest based on the value of the stock as collateral from banks. Most citizens thought that the prosperity of the twenties would last furthermost into the future and would allow for a luxurious and care- free life where no one would have to pay attention to possible future issues. In contrast, the 1930s saw the end of prosperity as depression quickly set in. On October 29, 1929, better known as Black Tuesday, the stock market had reached its peak.Those with many shares and an excess of cash began to sell their stocks. Thus, the cattle hear effect began and those at the bottom of the stock market pyramid began to engage the precedent and quickly sold their sto cks all at once. In a single day, the value of stocks on the worlds major market stock exchanges dropped by 50%. Almost every Canadian citizen lose their investments as well as their previous profits as banks began to retrieve everyones belongings as compensation for the numerous loans almost everyone had taken in order to invest in the stocks.It was during the thirties that Canadians began to realize that possibly a plan for future problems would be extremely helpful- of course citizens had to corroborate quite a bit before these realizations were made. As a offspring of the drastic shift in wealth, citizens of the thirties became increasingly desperate and were willing to do do laborious and tedious run low for a true $0. 20 at most in contrast to the relaxing and worn out investments that brought quick wealth in the twenties. During 1933, Canadas unemployment rate was nearly 30%- not including farmers and fishermen.Meaning, if a man was able to find a dividing line he w as extremely lucky and was very unlikely to be given(p) the same chance the next day. Thus, very few had the good pot to turn down any form of work as physically draining as it was. To illustrate, in Cinderella Man, James Braddock pushes himself beyond physical weaknesses to work at a dock where work is laborious and almost unbearable. He is willing to suffer the pain of a broken hand and gain a limited amount of pay simply because the docks were his plainly regularity of obtaining decent pay- after his loss of a boxing license.For most Canadians, on that point was exactly one method of obtaining money and it was often tiresome, tedious, and grueling but, it was the only way to bring in some form of bet on for their families. beyond the physical labour, Canadian men of the thirties were forced to conquer their self-conceit and accept charitable donations and relief aid from the government in order to support their families. In the movie, Cinderella Man, James Braddock is for ced to accept relief in his desperate attempt to keep his family together though he admitted it was a shameful act for any man during the mental picture.Barry Broadfoot, a relief worker, exposit the appearance of these men, as though they were signing away their manhood, their right to be a husband and sit at the head of the table and mold the roast. In admitting to needing the governments support, men felt that they had let down their families and had become unfit as head of the family as society judge a man to be able to work and provide rise support to his family during the 1900s. Many men, in the hopes of finding some way to support their families, left their homes and travelled West in search of work. Many rode the inveigh nto British Columbia and found only more charities. As a result, the government set up relief camps to rid the provinces streets of the desperate men in search of unattainable work. Over two hundred 000 men lived in these camps during 1933 and facia l expressiond a life similar to that of prison. The only benefit was that at lest a few cents were made each day- a small but necessary sum of money in the face of the Depression. However, Canadian men soon protested the terrible conditions in the relief camps. The helter-skelter riots and protests directed towards Canadas government, such as the Regina riot and On-to-Ottawa Trek, led R.B. Bennett to create the New Deal which established minimum wages and unemployment insurance among different policies which resulted in a small victory for future Canadians who would face Depression as the business cycle continued its circulation. In conclusion, the lives of Canadians differed drastically as the silly times of the twenties abruptly ended- plummeting Canada into a Depression within a matter of days. The men of the time had been terribly effected and the carefree dream of the twenties had left Canadians bitter and cautious after the veracity of the thirties touched them.

No comments:

Post a Comment