Businesses In 1920s The economy of the 1920's centred on the recovery from war. When war time industries closed down, and thousands of returning soldiers were looking for jobs, no jobs and people looking for jobs made for lots of unemployment. But by the time the 1920's rolled along, the economy was on the upswing. Huge wheat crops in 1925 to 1928 made for huge exports to other countries. More and more people began to buy farm machinery when tax on imported farm machinery was lowered. Pulp and Paper, which included newsprint, was second in growing Canadian economy, in terms of exports. The big american newspapers wanted Canadian pulpwood to p