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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.
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 ...
The World in Depression, 1929–1939 (3rd ed. 2013) Konrad, Helmut and Wolfgang Maderthaner, eds. Routes Into the Abyss: Coping With Crises in the 1930s (Berghahn Books, 2013), 224 pp. Compares political crises in Germany, Italy, Austria, and Spain with those in Sweden, Japan, China, India, Turkey, Brazil, and the United States.
1918–1929 Great Depression: 1929–1941 World War II: ... Formal decorative frills were shed in favor of practicality in both daily life and architecture. At the ...
Throughout the industrial world, cities were devastated during the Great Depression, beginning in 1929 and lasting through most of the 1930s. Worst hit were port cities (as world trade fell) and cities that depended on heavy industry, such as the steel and automotive industries. Service-oriented cities were hurt less severely.
October 14 – The Philadelphia Athletics defeat the Chicago Cubs, 4 games to 1, to win their 4th World Series Title. October 24–29 – Wall Street Crash of 1929: Three multi-digit percentage drops wipe out more than $30 billion from the New York Stock Exchange (10 times greater than the annual budget of the federal government).
1914 – World War I begins when Austria–Hungary declares war on Serbia; 1915 – The Birth of a Nation opens; 1915 – RMS Lusitania sunk; 1915 – First transcontinental telephone is hooked up; 1916 – the U.S. acquires Virgin Islands; 1916 – Jeannette Rankin first woman elected to U.S. congress; 1916 – Louis Brandeis appointed to ...
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 ...