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Chapter 17: On the Eve of the Great Depression
Warning Signs in the 1920s
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From: Capitalism and Colonialism
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This chapter details how the speculation and expansion of the 1920s gave way to overproduction, and reliance on exports, as increasing debt made the economy acutely vulnerable to the 1929 crash that followed.
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Contributors
Bryan D. Palmer
Bryan D. Palmer is Professor Emeritus and former Canada Research Chair, Canadian Studies, Trent University, Peterborough, Canada. He is a Fellow of the Royal Society of Canada, former editor of Labour/Le Travail, and has published extensively on the history of labour and the revolutionary left. Among his many books are Canada’s 1960s and the co-authored Toronto's Poor: A Rebellious History. In the fall of 2024 he published Colonialism and Capitalism: Canada's Origins 1500–1890.
