Short Answer

Directions: Short answer responses should be between three and five sentences in length.

Many historians cite the Stock Market Crash of 1929 as the beginning of the Great Depression. However, many people in the south experienced the effects of the Great Depression well before 1929. Explain why this was the case.

The great depression hit the south well before 1929 because the region relied heavily on agriculture, which was overproduced following World War I. This caused prices to decrease, leading to a decline in profits for farmers. Additionally, many southern banks failed in the years leading up to the stock market crash, resulting in widespread financial instability. These factors, combined with a general lack of economic diversity in the region, left many southerners struggling before the rest of the country was affected.