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The Great Depression in Georgia

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The Great Depression affected Georgia severely. Georgia had to get through the rough days of the Depression one day at a time. Fortunately, Georgia had a great uprising from the Depression and fought through the days well.

The Great Depression began on October 29, 1929 and lasted until 1939 of April. It not only affected Georgia it affected all of America. During October 29, 1929. There was a massive stock market crash causing America to go into a rage, this day is also called “Black Thursday”. The stock market crash of 1929 put the most devastating impact in U.S history. This crash helped trigger The Great Depression in a huge fire. Before the crash people of America thought the stocks would never stop rising, it was to their surprise it trembled drastically.

The 1920s was a time where people defined themselves. They broke out of the traditional standards of that time. Americans changed clothing fiercely. Women began to wear more empowering clothing, that made them feel free and not as constricted to the same moral style. They took off the gigantic hats and put on something more dainty and soft. Men in 1910 wore dressy casual clothing with a nice hat. In the 1920s, men wore more classy suits and bowties usually accompanied with a hat of somesort.

The 20s was a time to be free and express yourself in your own way. It was no doubt the 20s was a time of change, freedom, and a new era, which is why it was called “The Roaring 20s”. Unfortunately, all good things must come to an end. The stock market crash came with great surprise, it was unexpected until a few days before. Because of this nightmare people rushed to the banks to get money before anyone else, a lot of people had this same idea and the banks were overcrowded with people asking for money. This put the banks in debt and causing them to shut down all across America. There were very few banks in the United States because of this.

Many people placed all of their hope in the Federal Reserve System. This system was first made in 1913 to make a more flexible and stable financial system. This system is the central bank of the United States and controls all of the money. Americans thought this would save them from any distress that they would face, it didn’t. The problem that these people faced was the over production of wheat.

After World War 1, many soldiers were coming back from the war and needed food, causing farmers to plant more wheat and grow more crops for the soldiers. Shortly after all the military had gotten their food, and everything was back to somewhat normal, the farmers were still growing wheat. Since all farmers were growing large portions if this crop, there was a lot of it. In fact so much, the price lowered so more people would buy it.

Cite this paper

The Great Depression in Georgia. (2021, Mar 11). Retrieved from https://samploon.com/the-great-depression-in-georgia/

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