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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 major event of the year for the United States was the stock market crash on Wall ...
"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.
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty; drastic reductions in liquidity, industrial production, and trade; and widespread bank and business failures around the world.
Dorothea Lange's Migrant Mother, an iconic image of the Great Depression in the United States. 1930 – The Great Depression in the United States continues to worsen, reaching a nadir in early 1933.
The following events occurred in December 1929: Sunday, December 1, 1929. Seven people were killed in a coal mine explosion in West Frankfort, Illinois. [1]