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Economic forecasters throughout 1930 optimistically predicted an economic rebound come 1931, and felt vindicated by a stock market rally in the spring of 1930. [1] The stock market crash in the first few weeks had a limited direct effect on the broader economy, as only 16% of the U.S. population was invested in the market in any form.
June 23 – Wiley Post and Harold Gatty take off from Roosevelt Field, Long Island in an attempt to accomplish the first round-the-world flight in a single-engine plane. [ 4 ] July
1931 – Japanese invasion of Manchuria, start of World War II in the Pacific. 1931 – The Whitney Museum of American Art opens to the public in New York City. 1931 - “The Star-Spangled Banner” becomes official U.S. national anthem; 1931 - Hoover vetoes Veteran Bonus; 1931 - Pearl Buck publishes The Good Earth making heroes of the Chinese ...
1931 was a common year starting on Thursday of the Gregorian calendar, the 1931st year of the Common Era (CE) and Anno Domini (AD) designations, the 931st year of the 2nd millennium, the 31st year of the 20th century, and the 2nd year of the 1930s decade.
The Empire State Building became the world's tallest building when completed in 1931. The world's tallest building (for the next 35 years) was constructed, opening as the Empire State Building on May 3, 1931, in New York City. The Golden Gate Bridge was constructed, opening on May 27, 1937, in San Francisco, USA.
The following events occurred in May 1931: Friday, May 1, 1931. The Empire State Building, the tallest building in the world, opened in New York City.
The family of the youngest person ever executed in the state of Pennsylvania — a Black 16-year-old sent to the electric chair in 1931 and exonerated by the governor in 2022 — is suing the ...
By the end of 1931, Hoover had decided to recommend a large increase in taxes to balance the budget; in addition, Congress approved the tax increase in 1932, a substantial reduction in personal immunity to increase the number of taxpayers, and the interest rates had risen sharply, the lowest marginal rate rose from 25% on taxable income in ...