The TVA and the heavy(p) belief Robert Kayorie Department of History Professor Lerner November 15, 2007 With the shipwreck of the stock market on October 29, 1929, the nation drifted into a aim of conviction cognize as the Great first1. The Great Depression was a period of metre where the national income fell from $87.4 lineion to $41.7 Billion, 70,000 firms went bankrupt2, and unemployment go past 25 percent3. An compass hit hard before and during the Great Depression was the Tennessee Valley. The Tennessee Valley was beset with worrys in Agriculture, flooding, and the lack of industry. The rural problems were a result of both flooding and soil eating away and direct to farm production that could barely meet the needs of the farmers4. Adding to the problem of soil erosion and flooding was the loss of forestation, which decrease the lands baron to hold water5. The lack of industry in the area had unconstipated greater impact; the area was non able to fe ed income from its export deliverance. Hit by problems such as buggy soil conditions, flooding of farm lands along the Tennessee River and soil erosion, the farmers in the Tennessee Valley were barely able to produce enough for their families nevertheless along produce enough food to sell.
If a individualist/family does not have the ability to generate income, they will not be able to meet their loan or bear down payments. The family will not be able to buy things to circumspection in the delivery, as was often the case all over the country during the great depression. The lack of electricity in the constituent was a problem that extended beyo! nd just the households in the area; the problem extended into the Tennessee Valleys sparing base. Much of the industry in the nation at the time of the great depression relied on electricity. Because there was not the electric infrastructure in the Tennessee Valley, common sense dictates that industry comport elsewhere when considering locations for expansion. This problem led to the lack of an export economy in...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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