They didn't have the money to keep their factories running in the South and many times it wouldn't even be worth running because nobody had the money to buy their products.
Economic Crisis. The beginning of the Great Depression can be traced to the stock market crash of Tuesday, October 29, 1929 (also known as "Black Tuesday"). The 1920s were a time of increased stock market speculation. ... The depression's immediate impact on Georgia was much like that throughout the nation as a whole.Nov 5, 2007