Canadian Economic History in the 1920s

The video discusses Canada's economic resurgence in the 1920s, known as the Roaring 20s. Key factors include wheat production, pulp and paper, hydroelectric power, oil and gas, mining, and foreign investments. The video also explores the impact of American investments and the branch plant system on Canada's economy and culture. It concludes with questions on the positives and negatives of American influence.

What period is referred to as the 'Roaring 20s' in Canada?

• The 1940s

• The 1930s

• The 1920s

• The 1910s

Which industry thrived due to the demand for pulp by American newspaper companies?

• Wheat farming

• Pulp and paper

• Mining

• Oil and gas

What was a major source of hydroelectric power in Canada during the 1920s?

• Niagara Falls

• The Rocky Mountains

• The Great Lakes

• The St. Lawrence River

Which Canadian province struck oil in 1924, marking the beginning of its oil industry?

• Alberta

• Quebec

• British Columbia

• Ontario

What metals were in high demand due to the manufacturing industry in the 1920s?

• Gold and silver

• Copper and nickel

• Iron and steel

• Tin and aluminum

Which country replaced Britain as the major investor in Canadian industries during and after World War I?

• France

• Japan

• Germany

• United States

What is the branch plant system?

• A system where Canadian companies invest in Europe

• A system where American companies open branches in Canada

• A system where Canadian companies open branches in the US

• A system where British companies control Canadian industries

How did American companies avoid tariffs when investing in Canada?

• By lobbying the government

• By setting up branch plants

• By exporting goods directly

• By partnering with Canadian companies

What was one of the effects of the economic boom on Canadian society?

• Increased isolation from the world

• A decline in American influence

• A drastic change in the Canadian way of life

• A decrease in foreign investments

What reflective question is posed about American investment in Canada?

• Should Canada reduce its reliance on natural resources?

• Should Canada invest more in Europe?

• Should Canada continue to allow American investment?

• Should Canada increase tariffs on American goods?