Agriculture And Industry - The Great Depression Flashcards
How much of the urban workforce lost their jobs!
16% in 1931
25% in 1933
How much did automobile and electrics sales fall by
2/3
How much did wages fall by?
32%
What happened to General Electrics income and employees?
Income of $60.5 million and 88,000 employees in 1930
Income of $14.1 million and 42,000 employees in 1932
How much did the number of people employed in textiles drop?
1923-1933: drop by 90,000
When did demand begin to drop for consumer goods?
1927 - by then most who could afford consumer goods had bought them
What was farmers average wage in the 1920s?
$273 per year
$750 per year national average
What did prices fall by 1919-21?
1919 - $2.19 per bushel of wheat
1922 - 90c per bushel of wheat
What was an example of a natural disaster?
1927 Mississippi River Flood
What did the Oklahoma wheat yield drop to?
$7000 in 1933 (was usually $1 million)
How many farms were foreclosed?
3,500 out of 5280
How much did the value of farmland drop?
30% 1920-29
How many working days were lost to strikes in 1931?
2.2 million