The Great Depression in Newfoundland and Labrador

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On October 29, 1929, the American stock market crashed and the global economy entered a free fall. Newfoundland and Labrador was hit hard. Its economy centred around exports - the sale of codfish, iron ore, and paper to foreign buyers. But after the stock market crashed, those markets almost disappeared. This video examines how Newfoundland and Labrador weathered the financial turmoil of the 1930s.