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Events from the year 1929 in the United States. Incumbents. Federal government ... entrepreneur and founder of the Boy Scouts of America (born 1858) July 2 – Gladys ...
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.
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.
March 4, 1925 – President Coolidge begins full term, Dawes becomes the 30th vice president 1925 – Scopes Trial , whose outcome found that the teaching of evolution in the classroom "does not violate church and state or state religion laws but instead, merely prohibits the teaching of evolution on the grounds of intellectual disagreement"
That's where America finds itself on the 80th anniversary of the Great Depression -- reacting to With the news that another devastating economic implosion may be nearing its end.
US annual real GDP from 1910 to 1960, with the years of the Great Depression (1929–1939) highlighted Unemployment rate in the US 1910–60, with the years of the Great Depression (1929–39) highlighted; accurate data begins in 1939, represented by a blue line. The Depression caused major political changes in America.
This peak matches early-1929 levels, but is 30% below the September 1929 peak. May: Automobile sales fall below 1928 levels. June 17: Smoot-Hawley Tariff Act passed, placing more stress on the weakening global economy, primarily through the collapse in trade of agricultural products, which strained banks that had lent heavily to farmers ...
1948 – U.S. presidential election, 1948: Harry S. Truman is elected president for a full term, Alben W. Barkley is elected vice president; 1948 – Truman desegregates armed forces; 1948 – Selective Service Act of 1948: Passed after first such act expired; 1948 – Organization of American States: Alliance of North America and South America