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Marilyn Lloyd, American politician and businesswoman (d. 2018) Gordon Moore, American computing entrepreneur and benefactor, inventor of Moore's Law (d. 2023) January 4 – Darrell Mudra, American football coach (d. 2022) January 5. Wilbert Harrison, American singer-songwriter and guitarist (d. 1994) Robert K. Massie, American journalist and ...
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.
The Defining Moment: The Great Depression and the American Economy in the Twentieth Century (1998). Advanced economic history. Bremer, William W. "Along the American Way: The New Deal's Work Relief Programs for the Unemployed." Journal of American History 62 (December 1975): 636–652 online; Cannadine, David (2007). Mellon: An American Life.
After the Wall Street crash of 1929, when the Dow Jones Industrial Average dropped from 381 to 198 over the course of two months, optimism persisted for some time. The stock market rose in early 1930, with the Dow returning to 294 (pre-depression levels) in April 1930, before steadily declining for years, to a low of 41 in 1932.
This peak matches early-1929 levels, but is 30% below the September 1929 peak. May: Automobile sales fall below 1928 levels. June 17: Smoot-Hawley Tariff Act passed, placing more stress on the weakening global economy, primarily through the collapse in trade of agricultural products, which strained banks that had lent heavily to farmers ...
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 of the 2nd millennium, the 29th year of the 20th century, and the 10th and last year of the 1920s decade.
Jared Fields has sparked controversy inside the Big Brother season 25 house after he referred to fellow contestant America Lopez as the R-word. Jared, 25, is the current Head of Household and was ...
African American literary and artistic culture developed rapidly during the 1920s under the banner of the "Harlem Renaissance". In 1921, the Black Swan Corporation was founded. At its height, it issued 10 recordings per month. All-African American musicals also started in 1921. In 1923, the Harlem Renaissance Basketball Club was founded by Bob ...