Well I live in Florida so; I can explain tourism has always had a large role in our history. During our development, tourism gave us the much needed boost in economy that we needed to get on our feet. People coming from all over to enjoy the oranges and warm sun and beaches was a large source of income for people all over. More people to boy products = a larger income. The 'boom and bust' is what im guessing was the time right before the stock market crashed. Americans were richer then ever, they took more vacations, they generally thought of themselves having a brighter economic future, which caused more spending, more vacations, more extravagance. This made Florida truly flourish for a time, becoming a hotspot for wealthy vacation homes. The Great Depression almost killed us.. many buisness owners had come to depend on tourism to make a living wage, but since the great depression loomed over everyone, no one took vacations. No one had extra money to spend. Many of those wealthy vacation homes went into foreclosure. The Floridian Economy tanked during this time, so bad we even feel ripple effects of it today, even though we have built up so much more.
