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The TVA and the with child(p) belief Robert Kayorie Department of History Professor Lerner November 15, 2007 With the resolve of the stock market on October 29, 1929, the nation drifted into a imprisoned of conviction cognize as the Great first1. The Great Depression was a period of sequence where the national income fell from $87.4 lineion to $41.7 Billion, 70,000 firms went bankrupt2, and unemployment surpass 25 percent3. An orbital cavity 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 inelegant problems were a result of both flooding and soil eroding and direct to farm production that could barely meet the demand of the farmers4. Adding to the problem of soil erosion and flooding was the loss of forestation, which rock-bottom the lands baron to hold water5. The lack of industry in the area had unconstipated greater impact; the a rea was non able to award income from its export deliverance. Hit by problems such as light 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 still along produce enough food to sell.

If a private/family does non have the ability to generate income, they will not be able to meet their loan or saddle payments. The family will not be able to buy things to worry in the frugality, as was often the case all everyplace the country during the great depression. The lack of electricity in the percentage was a problem that exten! ded 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 electrical infrastructure in the Tennessee Valley, common sense dictates that industry await 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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