The Canadian Economy During The 1920's

305 Words2 Pages

During the 1920’s Canada’s economy prospered, since many countries recovering from the horrors and especially damages of the war, required Canadian products. Canada’s abundance in resources such as pulp, forestry, wheat and mining greatly contributed to Europe’s recovery as well as the Canadian economy. Throughout this decade, many products and resources became more available such as cars due to mass production techniques developed to meet the product demand. For instance, the vehicle ownership rate in Canada increased from 300 000 in 1918 to 1.9 million by 1929. The increased car ownership, also pushed the government to develop more roads, bridges and power systems. In addition, canadian industries stopped using coal to power the factories

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