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The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
October 24: Wall Street Crash of 1929 October 11 – J. C. Penney opens Store #1252 in Milford, Delaware , making it a nationwide company with department stores in all 48 states. October 14 – The Philadelphia Athletics defeat the Chicago Cubs , 4 games to 1, to win their 4th World Series Title.
1929 was a common year starting on Tuesday of the Gregorian calendar, the 1929th year of the Common Era (CE) and Anno Domini (AD) designations, the 929th year ...
"The financial community doesn't nearly pay as much attention to history as it should," says historian Richard Sylla. Here's what to know.
1929 – St. Valentine's Day Massacre; March 4, 1929 – Hoover becomes the 31st president and Curtis becomes the 31st vice president. 1929 – Wall Street Crash of 1929 occurs, resulting in the Great Depression.
1940 – Billboard magazine publishes its first music popularity chart, the predecessor to today's Hot 100; 1940 – U.S. presidential election, 1940: Franklin D. Roosevelt is reelected president to a record third term, Henry A. Wallace is elected vice president; 1940 - Color television is demonstrated by the Columbia Broadcasting System
How do you commemorate the worst stock market crash in history? With the news that another devastating economic implosion may be nearing its end. That's where America finds itself on the 80th ...
If we contrast the 1930s with the Crash of 2008 where gold went through the roof, it is clear that the U.S. dollar on the gold standard was a completely different animal in comparison to the fiat free-floating U.S. dollar currency we have today. Both currencies in 1929 and 2008 were the U.S. dollar, but analogously it is as if one was a Saber ...