Newfoundland Goes Bust
Dec. 2, 1933: The Great Depression had devastating effects in virtually every country, rich and poor
By Ronald Wolf —— Bio and Archives--December 2, 2009
Canadian News, Opinion | Comments | Back To Full Article
The year was 1933 and the world was in the middle of the Great Depression. King Kong thrilled and horrified the movie goers, but in Newfoundland, another horror was invading the Newfoundlanders lives.
With the Great Depression affecting almost the entire world, Newfoundland gave up self-governing Dominion status and suspends constitution; caused by the Great Depression. The Great Depression was a severe worldwide economic depression in the decade preceding the Second World War.
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