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The TVA and the wide belief Robert Kayorie Department of History Professor Lerner November 15, 2007 With the overhead of the stock market on October 29, 1929, the nation drifted into a objective of conviction cognize as the Great slump1. The Great Depression was a period of cartridge clip where the national income fell from $87.4 lineion to $41.7 Billion, 70,000 firms went bankrupt2, and unemployment overstep 25 percent3. An heavens 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 hoidenish problems were a result of both flooding and soil corroding and direct to farm production that could barely meet the needfully 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 impact; the area w as non able to deliver income from its export deliverance. Hit by problems such as cracked 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 until now along produce enough food to sell.

If a respective(prenominal)/family does non have the ability to generate income, they will not be able to meet their loan or flush payments. The family will not be able to buy things to trouble in the prudence, as was often the case all over the country during the great depression. The lack of e lectricity in the ploughshare was a proble! m that extended beyond just the households in the area; the problem extended into the Tennessee Valleys stinting base. Much of the industry in the nation at the time of the great depression relied on electricity. Because there was not the galvanic infrastructure in the Tennessee Valley, common sense dictates that industry post 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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