Agriculture And Industry - The Great Depression Flashcards

1
Q

How much of the urban workforce lost their jobs!

A

16% in 1931

25% in 1933

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2
Q

How much did automobile and electrics sales fall by

A

2/3

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3
Q

How much did wages fall by?

A

32%

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4
Q

What happened to General Electrics income and employees?

A

Income of $60.5 million and 88,000 employees in 1930

Income of $14.1 million and 42,000 employees in 1932

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5
Q

How much did the number of people employed in textiles drop?

A

1923-1933: drop by 90,000

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6
Q

When did demand begin to drop for consumer goods?

A

1927 - by then most who could afford consumer goods had bought them

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7
Q

What was farmers average wage in the 1920s?

A

$273 per year

$750 per year national average

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8
Q

What did prices fall by 1919-21?

A

1919 - $2.19 per bushel of wheat

1922 - 90c per bushel of wheat

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9
Q

What was an example of a natural disaster?

A

1927 Mississippi River Flood

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10
Q

What did the Oklahoma wheat yield drop to?

A

$7000 in 1933 (was usually $1 million)

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11
Q

How many farms were foreclosed?

A

3,500 out of 5280

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12
Q

How much did the value of farmland drop?

A

30% 1920-29

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13
Q

How many working days were lost to strikes in 1931?

A

2.2 million

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