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Prince Edward Island Business and Occupations (view source)
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Canada suffered during the Great Depression, a period of severe economic slowdown that began in 1929. Droughts, frequent crop failures, and low grain prices devastated the economy, which still relied heavily on farming. As a result, social welfare programs expanded rapidly during the 1930s. | Canada suffered during the Great Depression, a period of severe economic slowdown that began in 1929. Droughts, frequent crop failures, and low grain prices devastated the economy, which still relied heavily on farming. As a result, social welfare programs expanded rapidly during the 1930s. | ||
There was some economic development in the 1940's on Prince Edward Island, but it was slower than in many of the other Canadian provinces. Agriculture was still the basis of the Island's economy, but by the 1950s tourism was becoming increasingly important. One of the Islands main attractions was the home of Anne of Green Gables author Lucy Maud Montgomery. A national park had been established in the province in 1937, but it wasn't until the 1950s and 1960s that it was really developed. <ref>http://www.nationsencyclopedia.com/canada/Nunavut-to-Yukon/Prince-Edward-Island.html#ixzz4gj5gFtrn</ref> | There was some economic development in the 1940's on Prince Edward Island, but it was slower than in many of the other Canadian provinces. Agriculture was still the basis of the Island's economy, but by the 1950s tourism was becoming increasingly important. One of the Islands main attractions was the home of Anne of Green Gables author Lucy Maud Montgomery. A national park had been established in the province in 1937, but it wasn't until the 1950s and 1960s that it was really developed. <ref>[http://www.nationsencyclopedia.com/canada/Nunavut-to-Yukon/Prince-Edward-Island.html#ixzz4gj5gFtrn Nations Encyclopedia]</ref> | ||
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[[Category:Prince Edward Island, Canada]] | [[Category:Prince Edward Island, Canada]] | ||