Canada A Country by Consent: The Great Depression: Stock Exchange 1930s

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Stock Exchange 1930s

A stock exchange is a place where stocks and bonds are bought and sold. Stocks represent shares in a company and their value depends on what people think the worth, or future worth, of the company is. Stockbrokers reading stock reports It was at the stock exchanges that the loss of confidence in the economy first began to show. Everyone wanted to sell and no one wanted to buy so the prices kept dropping. The value of shares in various companies went down by $30 billion. The price of wheat which was at $1.65 a bushel in 1929, tumbled to 30 cents a bushel by 1931.

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Further Reference

THE GREAT DEPRESSION 1929 - 39 (2:29)

A Country by Consent is a national history of Canada which studies the major political events that have shaped the country, presented in a cohesive, chronological narrative. Many of these main events are introduced by an audiovisual overview, enlivened by narration, sound effects and music.

This was the first digital, multimedia history of Canada. It started out as a laserdisc in 1993 and the CD-ROM version has been used in schools across the country. It has been approved as a curriculum-supporting resource by provincial and territorial ministries of education. This online, public domain site is the fifth edition of the project.