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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.
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 American economist Charles P. Kindleberger of long-term studying of the Great Depression pointed out that in the 1929, before and after the collapse of the stock market, the Fed lowered interest rates, tried to expand the money supply and eased the financial market tensions for several times; however, they were not successful.
1928 and 1929 were the times in the 20th century that the wealth gap reached such skewed extremes; [243] half the unemployed had been out of work for over six months, something that was not repeated until the late-2000s recession. 2007 and 2008 eventually saw the world reach new levels of wealth gap inequality that rivalled the years of 1928 ...
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was the 31st president of the United States, serving from 1929 to 1933.A wealthy mining engineer before his presidency, Hoover led the wartime Commission for Relief in Belgium and was the director of the U.S. Food Administration, followed by post-war relief of Europe.
1941 – Atlantic Charter, drafted by the UK and U.S., to serve as the blueprint for the postwar world after World War II; 1942 – Japanese American internment, German American Internment, and Italian American Internment begin, per executive order by President Roosevelt; the order also authorizes the seizure of their property.
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 ...
The 1920s (pronounced "nineteen-twenties" often shortened to the "' 20s" or the "Twenties") was a decade that began on January 1, 1920, and ended on December 31, 1929. . Primarily known for the economic boom that occurred in the Western World following the end of World War I (1914–1918), the decade is frequently referred to as the "Roaring Twenties" or the "Jazz Age" in America and Western ...