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
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
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

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
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 Doolittle Raid
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