Crop failure 8 6.3

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Crop failure 8 6.3

  1. 1. Crop Failure 8-6.3—Explain the reasons for depressed conditions in the textile mills and on farms in South Carolina and other regions of the United States in the 1920s and the impact of these conditions on the coming of the Great Depression.
  2. 2. Farming Good Times • US exported food to feed troops in Europe during the war • Brief prosperity for SC farmers • Cotton for uniforms • Crops to feed the Europeans
  3. 3. Bad Luck for Farmers • War end, resulting in a decreased need for crops; prices plunged • Boll Weevil Attack! • 1922 demand • Drought, erosion, & soil depletion  • Farmers turned to peach tress & livestock
  4. 4. The Farming Boom • Farmers borrowed from local banks to: – Expand – Buy land – Buy new equipment – Buy insecticides to kill Boll Weevils • With lower crop yields and plunging prices, farmers couldn’t pay on their loans
  5. 5. Failing SC Banks • Banks foreclosed on past due mortgages • The state took possession of farms that owed back taxes • B/C banks could not make $ on their loans or sale the foreclosed properties they began to fail in SC (before the 1929 stock market crash) • Dispossessed farmers became tenant or share croppers • Many white farmers took mill jobs
  6. 6. Changes in the Textile Industry • Wartime factory needs dwindled • Synthetic fibers (nylon) replaced cotton fashions in this era • Increased international competition by lowering domestic tariffs • Northern mills closed & moved south, flourishing in SC • SC offered readily available cheap labor
  7. 7. Southern Mill Trends • Improved living conditions by adding electricity & running water • Increased profits by using the “speed-up” & “stretch- out” methods • Wage remained low • Over production of cloth led to reduced work hours & lay-offs • SC suffered from the declining demand & overproduction of the era Remember the rule of supply & demand?

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