Answer to Question #204739 in History for rameen humayun

Question #204739

List 3 things that contributed (or helped cause) the economic boom of the 1920s in Canada

Expert's answer

1. Massive growth of agricultural production- Agriculture became a major economic activity and Canadians began to produce surplus which they started exporting to other countries.

2.Exploitation of natural resources-There was discovery of natural resources like coal and natural oil that provided a major source of income to the Canadian government.

3. Industrialization-Industrialization provided a wide demand for raw materials.Minerals were mined to feed the growing demand for industrial production.Pulp and paper expanded rapidly to support the rapid growth in newspapers.Industrialization also provided a source of employment for a greater population.

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