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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.
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.
The Great Depression: America, 1929–1941 (ISBN 978-0-8129-2327-8) is a 1984 history of the Great Depression by acclaimed historian Robert S. McElvaine. In this interpretive history, McElvaine discusses the causes and the results of the worst depression in American history, covering the time from 1929 to 1941.
Eilaine Roth, American professional baseball player (d. 2011) Elaine Roth, American professional baseball player (d. 2007) January 19 – Red Amick, American race car driver (d. 1995) January 20. Jimmy Cobb, American jazz drummer (d. 2020) Arte Johnson, American comedian and actor (d. 2019) Frank Kush, American football player and coach (d. 2017)
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.
Freedom from Fear: The American People in Depression and War, 1929–1945 is a 1999 nonfiction book by the American historian David M. Kennedy. Published as part of the Oxford History of the United States, Freedom from Fear covers the history of the United States during the Great Depression and World War II. It won the 2000 Pulitzer Prize for ...
Teddy Roosevelt, the Bull Moose, led American progressives in the early 20th century. 1906 – San Francisco earthquake; 1907 – Oklahoma becomes a state; 1907 – Gentlemen's Agreement; 1907 – Coal mine explodes in Monongah, West Virginia, killing at least 361. Worst industrial accident in American history. 1908 – Ford Model T appears on ...