Write For Us

How Life Would Be Different If This Major Event Never Happened

E-Commerce Solutions SEO Solutions Marketing Solutions
88 Views
Published
Between 1929 and 1939, the entire industrialized world was caught in the grip of the biggest financial crisis in history -- the Great Depression. While the Great Depression was horrible for those who lived through it, the U.S. would look very different today if it hadn't happened.

When the stock market crashed and banks started failing, many people lost everything. But here's the weird thing — according to Forbes, there were seven families who not only started companies during the Great Depression but were also hugely successful. They were so successful, in fact, that they're worth a combined $31.9 billion today. Who are we talking about?

For starters, it was George Jenkins who quit his job at the grocery chain Piggly Wiggly to start his own store in 1930. That's Publix, and they now do $29 billion in annual sales.

Then there's the McKee family, who started selling cakes from their car. That company grew to be Little Debbie. The Gallos crushed grapes and made wine in their shed, and the E&J Gallo family is now worth $9.7 billion. J.R. Simplot worked a patch of land in Idaho and after perfecting a freezing process he started selling fries — they now supply a third of the country's fries.

Also on the list are Columbia Sportswear, Hess oil and gas, and the Stephens investment group.

Keep watching to see How Life Would Be Different If This Major Event Never Happened

#MajoryEvents #TheGreatDepression #Economy

Some major companies wouldn't exist | 0:16
Civilian Conservation Corps projects | 1:18
Housing maps would look different | 2:28
Alcohol is legal | 3:48
School lunches wouldn't be provided | 4:49
Riskier banks and investments | 5:56
Employees wouldn't have a union | 6:41
The Tennessee Valley Authority impact | 7:47
No Public Works Administration projects | 8:40
There'd be no Social Security | 9:31
There would be more gold | 10:15
Chocolate chip cookies | 11:10

Read Full Article: https://www.grunge.com/290996/how-life-would-be-different-if-the-great-depression-never-happened/
Category
Documentary
Tags
grunge, grunge channel, the great depression
Be the first to comment