Question

uge impact on Georgia’s economy and rural population

Millions of African-Americans moved to ___________________ ______________ in search of work.

Many ____________________________________ and __________________________________________________, both black and white, left the farms and moved to the cities.

The destruction of cotton crop forced Georgians to ____________________.

__________________________________was no longer Georgia’s primary agricultural product

In addition to the damage caused by the boll weevil, Georgia farmers suffered through another ___________________________________ in the 1920’s and 1930’s: ______________________.

The worst droughts in Georgia history were from _____________________________________.

Georgia was already suffering from a depression due to the boll weevil and drought, the economic boom experienced by the rest of the United States ended with the _______________

Great Depression was caused by several factors

Economic factors:

The ______________________________________________

___________________ Failures

____________________________ in Purchasing (buying)

_______________________________________ of Agricultural Products



Stock Market Crash - A sudden dramatic loss of __________________________________ __________________________________________ in corporations. Stock-holders lost over ________ billion dollars

Bank Failures -No __________________________protecting bank deposits, customers tried to withdraw ALL their _____________ at one time, the banks __________________________ money

Reduction in Purchasing - The average consumer stopped ___________________ goods, ___________________________ lowered production, Many consumers lost their _________________ and No _________________________to spend Unemployment rate was ______________%

Overproduction of Agricultural Products -Before the major droughts, many farmers ________________________________, Led to a huge drop in _______________, Limited the ______________of farmers, farmers ________________________ food or stopped growing crops to ________________________________ of agricultural products

______________________ were starving

Answer 1

Huge impact on Georgia’s economy and rural population

Millions of African-Americans moved to Northern cities in search of work.

Many sharecroppers and tenant farmers, both black and white, left the farms and moved to the cities.

The destruction of cotton crop forced Georgians to diversify their crops / find other work.

Cotton was no longer Georgia’s primary agricultural product.

In addition to the damage caused by the boll weevil, Georgia farmers suffered through another environmental disaster in the 1920’s and 1930’s: drought.

The worst droughts in Georgia history were from the 1920s and 1930s.

Georgia was already suffering from a depression due to the boll weevil and drought; the economic boom experienced by the rest of the United States ended with the Stock Market Crash (1929).

Great Depression was caused by several factors

Economic factors:

- The unequal distribution of wealth
- Bank failures
- Reduction in purchasing (buying)
- Overproduction of agricultural products

Stock Market Crash - A sudden dramatic loss of market value of corporate stocks. Stockholders lost over $30 billion.

Bank Failures - No federal deposit insurance protecting bank deposits; customers tried to withdraw ALL their money at one time; the banks had already loaned out funds / ran out of money.

Reduction in Purchasing - The average consumer stopped buying goods, businesses lowered production, many consumers lost their jobs and no longer had money to spend. Unemployment rate was 25%.

Overproduction of Agricultural Products - Before the major droughts, many farmers expanded production (overproduced), leading to a huge drop in prices, limiting the income of farmers. Farmers destroyed food or stopped growing crops to try to reduce the surplus of agricultural products.

Sharecroppers were starving.