Wednesday, December 2, 2009

Today is a work day. I worked on researching my topics.Industries in trouble..basic industries (railroads, textiles, steel) barely made little profit. Trucks, buses, private automobiles (new forms of transportation) took business from the railroads. Mining and lumbering demand dropped. It was in high demand during wartime. Coal mining took the biggest hit because new forms of energy were coming, including hydroelectric, fuel oil, and natural gas. These sources supplied more than half the energy that once belonged to coal by the early 1930's. The biggest industries even dropped, as in automobiles, construction, and consumer goods. Housing starts fell too, wich was the most important indicator. The number of houses being built dropped rapidly. This also meant that jobs in related industries lessened too, such as furniture manufactoring and lumbering.
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