Primarily an agricultural state with scattered cities, Georgian farmers faced significant challenges through sharecropping, droughts and falling prices. When markets crashed in 1929, Georgia was already facing economic uncertainty. The years of the 1930s saw citizens across the state struggling to find jobs and basic necessities of life. With a strong connection to Franklin Delano Roosevelt through Warm Springs, Georgia, was uniquely positioned to benefit from policies of New Deal.
Like much of the rural south, Georgia faced a struggling agricultural economy even before the market crash of 1929. But as the nation reeled from a downward-spiraling economic shock, the lives of Georgians became increasingly difficult. Jobs were scarce, banks and businesses were wary of investing, and even the daily necessities of life were hard to come by.
From the end of WWII to the present day, Georgia is surveyed through its role in the Cold War and Civil Rights movement, along with the state’s modernization and growth--from...
Consumer decisions are affected by many things other than prices. Learn what those things are in this lesson.
So you want to borrow some money? I need to know that you are very likely to repay it. But how? This lesson explains what lenders look for before making important loans.