Canadian Economic Growth 1870-1980
The Canadian economy has gone through four fairly readily identified stages since 1870. First, the years 1870 to 1896 are characterized by laggard growth with some net emigration. Second, the period 1896 to 1929 is one of boom with very high rates of immigration and development of the wheat economy with much dependence on export markets. Third, the 1930's and 1940's are periods of disturbance with severe depression in the 1930's and war in the 1940's. Finally, the years 1950 to 1980 are years of sustained growth with development of many of the features of a mature economy. The underlying characteristics of these developments are examined in considerable detail.
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