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Relation Between Canada And Brazil During The Great Depression

813 Words4 Pages

Sade Eubanks

Josh McGehee/Lindsey Greear

IB English 11

July 28, 2014

The Great Depression between Canada and Brazil

The Great Depression was a time of grave economic conditions that followed after Black Tuesday on October 1929. The Great Depression's effects were felt worldwide. In the crisis, US stockholders began to frantically sell their stocks triggering a chain reaction from country to country. Canada and Brazil are two of the many countries that fell into the economic slump the Great Depression had brought. Trade slowed to a trickle due to lack of buyers, unemployment spiked, inefficient leaders were in office and communist ideals surfaced in the people (Course Companion ) .

After the First World War ended in 1918 much of the European landscape was in ruins. Economic troubles plagued many countries due to cost of the long war. Canada, at the time still a dominion of the British Empire, had entered the war in a declining economic state which only worsened as the war waged on and resulted in the loss of more money. Brazil during the Great War suffered a drastic drop in international trade with its main buyer, the British Empire. Brazil joined the …show more content…

Both Canada and Brazil were forced to cut jobs and export in droves in order to cope with the losses of profit in GDP. This didn't help either country as it only raised the unemployment levels causing many to feel unrest towards the government. In both countries, desperate communist parties and groups rose out of the governments’ failure to help the people. Both of these communist groups, Communist Party of Canada and the Brazilian Communist Party, attempted to overthrow and seize political power using the backing of their supporters.Both groups failed in their attempts to attain government power but these incidence gave incentive for the government to act in a more proficient manner (Course

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