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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 of the 2nd millennium, the 29th year of the 20th century, and the 10th and last year of the 1920s decade.
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 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.
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.
Friedman, Milton and Anna J. Schwartz, A Monetary History of the United States, 1867–1960 (1963) ISBN 0-691-04147-4 classic monetarist explanation; highly statistical online. Friedman, Milton and Anna J. Schwartz, The Great Contraction 1929–1933 (New Edition, 2008), chapter from A Monetary History covering Great Contraction
Legislative history Signed into law by President Herbert Hoover on June 18, 1929 The Reapportionment Act of 1929 (ch. 28, 46 Stat. 21 , 2 U.S.C. § 2a ), also known as the Permanent Apportionment Act of 1929 , is a combined census and apportionment bill enacted on June 18, 1929, that establishes a permanent method for apportioning a constant ...
The USS Arizona, aflame and sinking, on December 7, 1941. 1940 – Selective Service Act, establishing the first peacetime draft in U.S. history 1940 – Alien Registration (Smith) Act