1 / 23

Mississippi Studies

Mississippi Studies . Chapter 4 Part 2. Roaring 20s. After World War 1 America experienced a period of economic growth Many new things were invented Two new things influenced Americans spending Installment Plan (buy now pay later) Planned Obsolence (going out of style) Flappers.

salma
Download Presentation

Mississippi Studies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mississippi Studies Chapter 4 Part 2

  2. Roaring 20s • After World War 1 America experienced a period of economic growth • Many new things were invented • Two new things influenced Americans spending • Installment Plan (buy now pay later) • Planned Obsolence (going out of style) • Flappers

  3. Great Depression • Great Depression – period of economic downfall • 1929-1941 • October 29, 1929 the day the stock market crashed • Herbert Hoover was the President during the Great Depression

  4. Great Depression • Causes of the Great • Buying on credit • Income Gap • Regular ups and downs of the business cycle

  5. Great Depression • Effects of the Great Depression • Stock Market Crashed • Banks Failed • Businesses Failed

  6. Great Depression • Americans blamed Hoover and found ways to misuse his name • EX: • Hoovervilles • Hoover blankets • Hoover Flags

  7. Great Depression • How Americans dealt with the Great Depression • Rented out rooms of their houses • Sold apples • Raised chickens and sold their eggs • Stood in breadlines – places to get a bowl of soup and a piece of bread

  8. Great Depression • Cotton went from 5 cents a pound to .8 cents a pound • The state was in debt 63 million dollars

  9. Great Depression • Hoover attempted various things to fix the problems, but they did not work the way he wanted • As a result of his failed policies Franklin D Roosevelt was elected President

  10. New Deal • Fireside Chats • New Deal – FDR’s plan to rebuild the economy • New Deal Programs • CCC – government hired single men 18 to 25 to create national parks and forests • CWA – created “make work” jobs for people (raking leaves) • AAA – gave farmers money to reduce the amount of crops they produced

  11. New Deal • New Deal Programs • TVA – provided hydroelectric power to seven rural states including North MS • Still exist today • FDIC – insured bank deposits up to $5,000 • Still exist today • Social Security Act – covers three areas • Unemployment insurance • Provided people 65 and older retirement • Provided money to be people with disabilities and women and children who lost their father • Still exist today

  12. New Deal • These were just some of the programs in the New Deal • They did relieve some burdens however it did cost the government money

  13. World War II • Many historians believe that WWII got us out of the Great Depression • WWII 1939-1941 • Event that caused WWII was Hitler invaded Poland • Two sides of the war • Allied Powers – France, Great Britain, Soviet Union, and the US • Axis Powers – Germany, Italy, and Japan

  14. World War II • The United States entered WWII in 1941 • Reason the US entered the war: Japanese bombed Pearl Harbor on December 7, 1941 • Doolittle Raid • Manhattan Project – code name for creating the atomic bomb • Two reasons we dropped the atomic bomb on Japan • Japanese would not surrender • Japanese would fight till the death

  15. World War II • The US dropped two atomic bombs on Japan on Hiroshima and Nagasaki • This effectively ended the war

  16. MS and WWII • World War II resulted in the construction of Army camps and Air bases • Construction in MS • Camp Shelby in Hattiesburg • Kessler Air Force Base in Biloxi • Columbus Air Force Base

  17. Life After the War in MS • After World War II sharecropping disappeared because: • People went to work in the factories • They realized they could make more money • As a result of the war agriculture is no longer the main employer or the major source of income

  18. Developing Modern Agriculture • Mississippi A and M (MSU) was established to provide education about agriculture to the MS farmer • Cooperative Extensive Service was created by the federal government to teach MS farmers new techniques • New technique: mechanization of farming (using machines) • This new method reduced the need for workers • Also reduced the number of farms and allowed the ones still producing to be bigger

  19. Modern Agriculture • Poultry and egg production has become the states largest cash crop • Fastest growing crop in MS is catfish • MS produces 80% of the worlds farm raised catfish

  20. Industry • MS politicians realized the state should practice BAWI because of the Great Depression • BAWI – Balancing Agriculture With Industry • Three reasons for limited industrial growth • Lack of coal – source of energy • Poorly educated people • Farmed out of habit

  21. Industry • Three reasons Industries want to come to Mississippi • Tax exemptions • Ready made buildings • Low wage labor (cost of living is lower)

  22. Industry • The largest and most important industry to come to MS under BAWI was ingalls shipyard • The shipyard is also the largest industrial employer

  23. Modern Industry • By 1996 manufacturing was the largest employer in MS • Two new sources of income • Gaming (casinos) • Tourism • Today 75% of Mississippians make their living in the following ways: • Factories, Trade, Service, Government, and Tourism

More Related