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Canada Entered The War On August 10, 1914, Sending 25 000 Volunteers With A PromBelow is a free term papers summary of the paper "Canada Entered The War On August 10, 1914, Sending 25 000 Volunteers With A Prom." If you sign up, you can be reading the rest of this term papers in under two minutes. Registered users should login to view this term paper.
During the war, demands for Canadian goods went up in Europe and in Canada. Increased demand caused inflation on products in Canada to skyrocket, as prices on most products nearly doubled. The workers wages went up as well, but they didn't keep up with the inflationary prices. Workers therefore had to do with less. During this time the government expenditures on the war were enormous. The war was costing Canadians a million dollars per day. For a country of only eight million this was an extremely large burden. In order to raise funds, the government introduced income tax, and sales tax and luxury tax. They also borrowed money from the people through Victory Bonds. When the last shot was fired in World War 1 on November 11, 1918, Canada had gone though a great economic transformation; the economic changes the country endured would influence it forever. After the war, Canadian soldiers came home expecting to be regarded as heroes. Instead they came home to unemployment, because the munitions factories and army supply factories were shut down. Canada had to adjust from war economy to a peacetime economy. Unemployment was very high, and they government couldn't do very much because they were still recovering from the economic losses due to the war. In the early 1820's Canadian worker... This is not the end of the termpaper! Register below to see the complete version of this term paper.
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