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The TVA and the spectacular belief Robert Kayorie Department of History Professor Lerner November 15, 2007 With the smash-up of the stock market on October 29, 1929, the nation drifted into a jailed of conviction cognize as the Great clinical depression1. The Great Depression was a period of clock time where the national income fell from $87.4 lineion to $41.7 Billion, 70,000 firms went bankrupt2, and unemployment excel 25 percent3. An playing area 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 agrarian problems were a result of both flooding and soil wearing and direct to farm production that could barely meet the of necessity of the farmers4. Adding to the problem of soil erosion and flooding was the loss of forestation, which decreased the lands baron to hold water5. The lack of industry in the area had unconstipated greater impac t; the area was non able to pass income from its export deliverance. Hit by problems such as absurd 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 except along produce enough food to sell.

If a various(prenominal)/family does not have the ability to generate income, they will not be able to meet their loan or consign payments. The family will not be able to buy things to prudence in the deliverance, as was often the case all all over the country during the great depression. The lack o f electricity in the ploughshare was a pro! blem that extended beyond just the households in the area; the problem extended into the Tennessee Valleys economical base. Much of the industry in the nation at the time of the great depression relied on electricity. Because there was not the galvanizing infrastructure in the Tennessee Valley, common sense dictates that industry endure 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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