September 1922.(Norman, 2006, 4). Chanak Affair (political)
In 1922 there was a dispute in the Balkans in an area called Chanak.(West, N/A, 1). Due to the Treaty of Sevres, after Turkey’s defeat in WW1, forces from France, Greece, and Britain were stationed on broad fractions of western Turkey. (Norman, 2006, 3). The Greek army was pushed out of Turkey by nationalist Turkey forces who disapproved of foreign troops.(Norman, 2006, 4). Troops from Britain, who were stationed in Turkey were being threatened by nationalist Turkish forces after World War 1.(Norman, 2006, 4). Britain asked Canada for assistance, however, William Lyon Mackenzie King refused to give Canada’s military support to Britain.(Norman, 2006, 7). This showcased that Canada wasn’t at war on Britain’s demand.(West, N/A, 1).
The Chanak affair helped Canada’s autonomy. Canada refusing to assist Britain showcased …show more content…
Many individuals had invested big sums of money in stocks in the hopes that they would come back with more money.(Canada in the 20s and 30s, N/A, 4). On Black Tuesday, when the crash occurred everyone who had bought on margin was under a lot of debt and many industries were bankrupt.(Canada in the 20s and 30s, N/A, 1). People were in panic and despair.The prices of raw materials had decreased and recession had now turned into depression. (Legare, 2017, 3).
This crash was the opening of the Great Depression. Everything was going downhill and people were taking extreme measures just to get food and shelter. Due to this, aggressive leaders such as Hitler arose and thus began World War 2. This put the spotlight on the significance of financial stability. The government began fabricating arrangements and appointed agents to watch the country's financial and economic status.(Canada in the 20s and 30s, N/A,
In 1922 there was a dispute in the Balkans in an area called Chanak.(West, N/A, 1). Due to the Treaty of Sevres, after Turkey’s defeat in WW1, forces from France, Greece, and Britain were stationed on broad fractions of western Turkey. (Norman, 2006, 3). The Greek army was pushed out of Turkey by nationalist Turkey forces who disapproved of foreign troops.(Norman, 2006, 4). Troops from Britain, who were stationed in Turkey were being threatened by nationalist Turkish forces after World War 1.(Norman, 2006, 4). Britain asked Canada for assistance, however, William Lyon Mackenzie King refused to give Canada’s military support to Britain.(Norman, 2006, 7). This showcased that Canada wasn’t at war on Britain’s demand.(West, N/A, 1).
The Chanak affair helped Canada’s autonomy. Canada refusing to assist Britain showcased …show more content…
Many individuals had invested big sums of money in stocks in the hopes that they would come back with more money.(Canada in the 20s and 30s, N/A, 4). On Black Tuesday, when the crash occurred everyone who had bought on margin was under a lot of debt and many industries were bankrupt.(Canada in the 20s and 30s, N/A, 1). People were in panic and despair.The prices of raw materials had decreased and recession had now turned into depression. (Legare, 2017, 3).
This crash was the opening of the Great Depression. Everything was going downhill and people were taking extreme measures just to get food and shelter. Due to this, aggressive leaders such as Hitler arose and thus began World War 2. This put the spotlight on the significance of financial stability. The government began fabricating arrangements and appointed agents to watch the country's financial and economic status.(Canada in the 20s and 30s, N/A,