Did everyone share the

economic boom?

Problems
Farming
Industr
y

Tradition
al
Industrie
s

Farming Industry
US farm income dropped from 22 billion in 1919 to 13
billion in 1928
Declining exports
After the war, Europe imported less food
Europe was poor + Europe stopped buying in response to
Americas tariffs

New Competitors
Competing against the highly effective Canadian farmers
US population was decreasing so there were less mouths to
feed

Farming Industry (II)

Over-Production
Improved machinery and an increase in farming lands
Extremely efficient farming which caused having production
that no one wanted

Falling Prices
Prices fell as farmers desperately tried to sell their products.

Farming Industry (III)

Serious issue

About half of the Americans lived in rural reas

It affected more tan 60 million people
6 million people were forced out of their lands in the 1920s.
African Americans were particularly badly hit.

Farming communities were strongly against Laissez

Faire

Farming Industry (IV)

Fresh vegetables werent affected
Lettuce
Tomatoes

Traditional Industries
Coal Industry
Over production Price was reduced so was profit
Losing ground against new sources of power (electricity, oil)
Although electricity used coal, new machines were very
efficient
People switched to electricity and if they used coal, they used
very Little

 Textiles, leather and shoe-making

Tariffs helped
Mechanisation took away jovs.
Fought against machinery and cheap labour in southern states.

1928 strike in the coal industry in North Carolina

They were paid 18 (men) or 9 (women) dollars a week.
48 a week was the mnimum needed to live a proper life.

42 per cent lived below the poverty line