Coca-Cola, Coca Cola, Coca Cola facts, Coca Cola fact, the great depression

One community was rescued from the Great Depression because of CocaCola.

Coca-Cola, Coca Cola, Coca Cola facts, Coca Cola fact, the great depression

So, sort of. During the Great Depression, a local, trusted banker in Quincy, Florida, advised anybody who would listen to buy in Coca-Cola stocks, which were then selling for $19 per share. Many people took his advise, and when the company's stock rose as he predicted, more people followed. Soon, at least 67 people (in a community of less than 7,000) had become "Coca-Cola billionaires," making Quincy the richest town in the United States per capita.

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