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Georgia between World Wars:
1919 to 1941
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Warm - Up Turn in NEW DEAL PROGRAM RESPONSES Front Table, White Holder
Study New Deal Program PowerPoint Have a device to be ready to take the quiz
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https://tinyurl.com/zh7gcgy
Quiz
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The Georgian Economy in 1920s
Although most of the country enjoyed great prosperity throughout the s, Georgia and a number southern states (which were still predominantly farming states) suffered due to: Boll weevil Droughts Lost of farms Exodus of workers
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1. Boll weevil ¼ inch long insect Larvae feed off bolls of the cotton plant (fibers) Moved from Mexico into Georgia in 1915
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What happened? Boll weevil larvae hatch and feed off cotton boll (white fibers) Makes cotton plant useless Immediate effect? Thousands of acres of cotton field destroyed. 2.8 million bales produce in 1914 to only 600,000 bales in Long Term effects? Prices of cotton drops to only 15 cents per pound The failing Cotton harvest (the major crop of the South) negative effects on other parts of economy
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2. Drought of 1924 What happened? Parched and sun-baked fields destroyed boll weevil along with more cotton and other crops Immediate effect? Farmers lost income due to lost of crops Long term effects? Farmers either lost farms or became deeper in debt
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3. Lost of Farms What Happened? Crop failures and debts caused many small farms to fail Immediate effect? 60,000 farms in operation were lost in 1920s Long-term effect? When farms failed, banks also lost money Many farm-related businesses (stores, equipment dealers, repairmen) closed
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Exodus of Farm Workers or the “Great Migration”
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What happened? Over 375,000 farm workers left Georgia between 1920 to Workers, mostly Blacks who left due to racial discrimination, moved to Northern cities to work in factories and assembly plants Immediate Effects? Blacks had opportunities for better paying jobs, education, health care, and civil rights in the North Long-term Effects? Blacks still faced segregation, unequal pay, hostile competition, and over-crowded cities
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The Great Depression was:
From October 1929 to 1940 (World War II) Started on “Black Tuesday” when the New York Stock Market crashed. (Value of stocks fell $40 billion) {U.S. Steel $262 stocks dropped to $22, and Montgomery Ward fell from $138 to $4 a share} By 1932, 13 million (or 1 out of 4) Americans were unemployed Over 9,000 banks failed and millions lost their savings and cash People left homeless to live in “Hoovervilles” or wooden and cardboard shacks “Soup Kitchens” and “bread lines” feed the needy
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7. Education and health care for children suffered, and most went hungry everyday and had no shoes for their feet. President Hoover appeared indifferent to people’s problems since he (and many others) believed that government was not the solution to the Depression but the economy itself will work it own problems out. When Americans wanted a new approach to economic recovery, they elected Franklin D. Roosevelt in a landslide victory in 1932.
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Cause and Effect of The Great Depression
Cause #1 Stock Market Speculation Effect: Prices of stock rose higher than they were really worth
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Cause #2 Over-borrowing
Effect: People borrowed (or given loans) more money than they could afford to repay. Loans could not be fulfilled thus banks could not make payments to businesses. Workers eventually laid off
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Cause #3 Personal Debt Effect: Americans bought too much “beyond their means.” Remained in debt when laid off and had to sell belongings.
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Effect: Invested too much in stock market and lost money
Effect: Invested too much in stock market and lost money. “Runs on Banks” caused banks to fail when bank withdraws exceeded cash deposits. Cause #4 Unwise Bank Practices
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Cause #5 Laissez-faire attitude of Government
Effect: Government officials and Americans believed that the economy will work itself out of the depression—YET it only created more problems
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Cause #6 Industrial Overproduction
Effect: Companies produce more than they could sell; businesses either slowed production or laid off workers to get rid of surplus
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Cause #7 High Tariffs Effect: Other countries had difficulties selling their products in U.S.; in turn, they will not be able to buy American goods and pay off wartime debts.
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Effect: Droughts and overproduction caused prices to decline and farmer to lose income. Farmers could not pay off debts or buy goods. Farm communities in their own “depression” Cause #8 Depressed Agricultural Production
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Franklin D. Roosevelt and The New Deal
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Georgia Governors during the FDR Years (1932 to 1945)
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Richard Russell (1931 to 1932) View on New Deal and FDR: Strong supporter of New Deal; Persuaded FDR to start programs beneficial to GA
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Race Relations: Believed in segregation but spoke out against violence used towards Blacks
Accomplishments: *reduced number of state offices (102 to 17) *Eased some financial problems caused by Great Depression *Served in Senate for 38 years and brought military contract to GA
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Eugene Talmadge (1933 to 1936; 1941 to 1942)
Views on New Deal and FDR: *Disliked federal intervention and New Deal Programs
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*Reduced property taxes, utility rates, and state fees
Accomplishments: *Reduced property taxes, utility rates, and state fees *Large support from rural voters *Only GA governor elected four times Race Relations: *Considered a conservative white supremacy. *lost 1942 election due to firing officials who wanted to integrate schools
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Ed Rivers (1937 to 1940) Views on New Deal and FDR: Big supporter of New Deal Programs in GA
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Race Relations: Supported programs to help out both poor whites and blacks
Accomplishments: *Health services for all Georgians, old age pensions, raises for teachers, and seven- month school year *Expanded electrical services to rural area *Unemployment compensation
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Ellis Arnall (1943 to 1946) Views on New Deal and FDR: Strong supporter for Roosevelt's war time policies
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Race Relations: Abolished poll tax and white primary (100,000 blacks voted in 1946 GA primary)
Accomplishments: Created boards to monitor Board of Regents and Prison system *Supported GA to be first state to allow 18 year olds to vote * first governor to serve four-year term
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