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Mississippi Studies

Mississippi Studies . Chapter 4 part 1. Economy . Economy Wealth, Resources, and Jobs Consumption of goods and services Good Service Every Economy ask three basic questions What and how many goods and services will be produced? How will they be produced?

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Mississippi Studies

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  1. Mississippi Studies Chapter 4 part 1

  2. Economy • Economy • Wealth, Resources, and Jobs • Consumption of goods and services • Good • Service • Every Economy ask three basic questions • What and how many goods and services will be produced? • How will they be produced? • How will the products and the wealth gained be distributed?

  3. Economy • There are three types of economies • Command economy – when the government decides what and how much should be produced • Communism; dictatorship • Market economy – when the people decide what and how much is produced • Capitalism • Competition occurs when businesses compete for customers • Entrepreneurs are risk takers who start their own business • Mixed economy – when the government and private businesses work together to decide what and how much is produced

  4. Economy • Even though the USA has a market economy the government is involved • Examples: • minimum wage • ban on monopolies (complete control of an industry) • protection from bad products

  5. Mississippi’s Economy • Pre-Civil War • Overwhelmingly Agricultural • Depended on growing Cotton • Cotton was King • Handful of small sawmills on the Gulf Coast

  6. Mississippi’s Economy • The Civil War ended the agricultural economy of the south for the following reasons: • Lack of labor • 13th amendment slaves were set free • Blockades of southern ports decreased the demand of cotton • France and Great Britain found new sources of cotton • Lumber and Railroad industry sprang up • Sharecropping developed after the Civil War • Sharecropping is when the farmer rents land from the land owner and has to buy (on credit) his products to farm from the store

  7. Mississippi’s Economy • Reason’s for sharecropping • Farmers and planters had very little cash • Could not afford land • Not enough workers • Credit was difficult to get • The landowner helped the sharecropper buy the goods he needed from the local store to plant by setting up a charge account • The sharecropper could not leave the land until his debt was paid off • Sharecropping was another form of slavery • 60% of ALL Mississippi farmers were sharecroppers in the 1890s

  8. Mississippi’s Economy • Timber • Antebellum timber production was done with axes and animals • Antebellum means before the Civil War • Most early timber businesses was near a river • The railroad benefited the timber industry in the following ways • The RR was a faster method of transportation • Allowed timber to be cut in the interior of the state • Connected saw mill towns to ports along the gulf • The Piney Woods lumber boom would not have been possible without the railroad • Laurel was the largest lumber center in the state • Gulfport was established as a shipping port for lumber

  9. Mississippi’s economy • Mississippi became one of the nation’s largest lumber producing states • Furniture is one of our main products made from the tree

  10. Great Migration • When a large number of African Americans left the state between 1910-1920 • Reason’s for leaving • Escape discrimination • Find jobs

  11. Farming in the early 1900s • 75% of Mississippians worked on farms • At one point the boll weevil destroyed an entire cotton crop

  12. World War i • Lasted from 1914-1918 • The main causes of the war • Militarism • Nationalism • Alliances • Imperialism • The event that caused the war was the Assassination of the Archduke Franz Ferdinand of Austria-Hungary • Two sides of the war • Allied Powers – Great Britain, France, Russia, Italy, and the USA (1917) • Central Powers – Germany, Austria-Hungary, and

  13. World War I • Reasons the US joined the war in 1917 • Sinking of the Lusitania • Sinking of merchant ships by German U-boats • Loss of innocent lives • Zimmerman Note

  14. Impact of World War I on the US • Transition from a peace time to a war time economy (mobilization) • Total War is when everything in the economy is directed toward the war effort • Examples • Food Administration • Directed by Herbert Hoover • Meatless and Wheatless • Victory Gardens • Fuel Administration • Harry Garfield • Heatless • Factories stopped making goods for the citizens and started making goods for the war • Selective Service Act required me 18 to 45 to sign up for the draft

  15. Impact of World war I on the US • Paying for the war • They raised taxes • Sold government bonds

  16. Opposition to the war • Opposition? • The committee on public information was designed to gain support for the war • To increase support they used propaganda (exaggerations) • Through advertisements • Changed names of things derived from German words

  17. Opposition to the war • The Sedition Act made it illegal to write and or say bad things about the government • Espionage Act made it illegal to spy on the US • Some people believed that these acts violated their rights. • Does it?

  18. Men and women of the war • Soldiers during the war usually fought using the new technique of trench warfare • The land between the trenches was known as no-mans land • Trench warfare led to a stalemate along the border of France and Germany • Several new weapons were developed during the war from tanks to machine guns • The most feared weapon was poison gas

  19. Men and women of the war • Women had to take on the roles of men during WWI • Why? • Jobs women took on • Bricklayers • Mechanics • Electricians • Nurses/Pharmacists • Women considered it their patriotic duty • As a result of their hard work the 19th amendment was passed after the war

  20. Men and women of the war • Minorities served in segregated units • Mexicans came to the US for the following reasons: • Shortage of labor (farms) • Chaos in the Mexican government • Mexicans settled in barrios – is an immigrant community

  21. The end of the war • November 11 at 11 am in 1918 an armistice is signed • Armistice – cease fire • Allied Powers won • Paris Peace Conference • Was a meeting of the big four to determine the end of war • Big Four • US – Woodrow Wilson • France – Georges Clemenceau • Italy – Vittorio Orlando • Great Britain – David Lloyd George

  22. The end of the war • Treaty of Versailles was the document that ended the war • Provisions of the war • Germany was blamed for the war • Germany had to pay reparations • Reparations payments for damages • Austria-Hungary and Ottoman Empire were split into different countries • League of Nations was created – designed to prevent future wars • The US did not accept the Treaty

  23. Effects of the war • Red Scare in America – the fear of the spread of communism • Immigration was limited because the government feared immigrant would help spread communism • Inflation in Germany • Resulted in poverty • Increased the profits of the Mississippi farmer during the war

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