Panic Act Of 1929 Essay

The prices of stock was going down and now it cause the panic act of 1929 later in that year the great depression came about. Worker were getting laid off their jobs. People need money to get the food and drinks and for some a way home from work. Most had no money when it occurred and most even die.
During 1920’s an evil bug occurred. The bug was all over the cotton field. They came from Mexico to USA. They spread throughout Mississippi destroyed most of cotton field and most farmer made money off cotton. Their money slowly washed away
In 1919 the most weather that occurred was rain they had almost 17 inches in rainfall. The rainfall was ten inches above normal. During those wet years, the boll weevil multiplied rapidly.
The wettest year

Conner as the beginning of an era in Mississippi politics. Governor was determined to improve Mississippi’s national image and to develop a more balanced economy
Mississippi still needed additional money even after they cut expenses everywhere possible. The Governor proposed the enactment of a sales tax to bring in more money . Only a few states had adopted a direct sales tax
During the Vardaman-Bilbo era and the people in Mississippi were generally suspicious of large corporations. The most important industry attracted to Mississippi under the BAWI program was In galls Shipbuilding located at Pascagoula. Other than In galls, which is considered a heavy industry, most of the plants that located in the state were light industry, which pays lower wages than heavy industry
It would be hard to exaggerate changes that World War II brought to Mississippi. The economic boom generated by the war ended the depression in Mississippi and restored full prosperity to both the state and the nation.
Mississippi’s mild climate made the state an ideal location for military installations, especially airfields and training camps. Two of the nation’s largest military bases, Camp Shelby and Keesler Army Airfield were located in