Wednesday, October 26, 2022

Economics of Jim Crow

 The biggest mode of transportation during Jim Crow era is the train cart. People use this mode of transportation everywhere to and fro work, taking their kids to school basically everywhere. Both blacks and whites use this service and provide a great deal of money for these services. Although both parties provide money for these services, there is still a divide because of the color of their skin. This now creates a whole separate economy in the black community.

 

In the south the biggest funding to the economics was agriculture. Black and white people alike had farms and their farms brought in a lot of money. This the created a successful black middle class. This created a rise in hostility towards black Americans. Many wanted Black people to stay a lower class so places like banks for farmers would make it hard for black farmers to take out loans or begin an agricultural life. Farmers build credit with these farms. Black farmers can not keep up with these credits and lose their farms much quicker. This is not because of their economy it’s because of the society. There are many stipulations that go down behind closed doors with banks that make it hard for black individuals to keep a good economic standing.

 

This was not only a fight for equality but a fight for economic equality as well. Black codes made it expeditiously hard for Black Americans. These codes made it easier for black Americans to get arrested for crimes. This would cause them to lose jobs or go into debt. This would cause them to have to work while in jail. The work they would do would be exactly like the slave work. This was a loophole white ex-slave owners would use to keep slavery.

 

With businesses finding ways to keep Black Americans from gaining any economic success, there was a fear factor attached to it. White Americans would use fear and even murder to keep their power in America.

 


To keep a business running you must have the supply to run the business smoothly. With this notion of “separate but equal” they are requiring the government and businesses to supply now double the material one for whites and the other for the colors. Let’s say for example they have two pubs. One pub is for whites while the other is for the colored folks. Instead having one pub with maybe double the material of booze, booths and maybe some music there will now have to supple quadruple those because of this notion of separate but equal. This creates a trickle-down effect. With businesses buying more suppliers will have to produce more. With suppliers having to produce more this will cause an increase in prices. Now the business owner must pay twice as more for the bottle and now twice again to supply for the colored only pub.

 

The money both Black and White Americans bring in would boost the economy. Separate but equal only makes business owning harder for any Americans that have to account for all races.

 



Sites I used:

https://www.thirteen.org/wnet/jimcrow/education_lesson1.html#:~:text=The%20economy%20of%20the%20Southern,but%20influential%20black%20middle%20class.

https://cibonayrae.github.io/jimcrow/economic.html

https://www.gpb.org/georgiastories/stories/economic_aspects_of_the_civil_rights_movement

 

https://www.smithsonianmag.com/smithsonian-institution/segregated-railway-car-offers-visceral-reminder-jim-crow-era-180959383/

 

https://www.nber.org/system/files/chapters/c8795/c8795.pdf

 

https://www.rsfjournal.org/sites/default/files/closed%20calls%20for%20articles/RFP%20Plessy%20V.%20Ferguson.pdf


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