Depression In Georgia

The Great Depression was a major part of America’s history, but most specifically a major part of Georgia’s history. The Great Depression all started when the Stock Market crashed on October 29, 1929. Georgians, both who lived in rural and urban parts of Georgia, face many economic challenges and suffered in plenty of different ways. The rural farmers of Georgia had faced many agriculture based problems before and during the Great Depression, such as the boll weevil, the decreasing prices of cotton, and the devastating drought. The urban people of Georgia were more devastated than the rural farmers of Georgia, since banks were failing, opportunities for loans were decreasing,and business owners were losing business. The people of both areas
After the Stock Market crashed, bank failures were common in small towns, and opportunities for loans dried up in small towns and communities. Small businesses were vulnerable, because there were fewer customers that had enough money to sustain to sustain themselves and still have money for savings. At the time there was a absence of credit and financing, so that helped worsen the case for businesses losing business. Because of the importance Savannah, Augusta, Brunswick, Dalton, Columbus, LaGrange, Macon, and Rome, they could sustain themselves. In the passage it said,”...employed workers in the South’s largest cities,more than half could afford an adequate diet. The report went on to note that among white non relief families with income less than $500, one-third did not have indoor running water, one-half did not have a kitchen sink or drain and none had a gas or electricity for cooking,” Although many big cities sustained itself, urban Georgians were living like the rural farmers before the Great Depression. Despite being the capital of the South, Atlanta only had a 48% employment rate, and the conditions of the city worsened as poor migrants from Georgia’s rural areas arrived