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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.
Chicago is traditionally divided into the three "sides" of the North Side, West Side, and South Side by the Chicago River. These three sides are represented by the white stripes on the Flag of Chicago. [12] The city is also divided into 50 wards for the purpose of electing one alderman each to the Chicago City Council. These wards have at times ...
The Wall Street Crash of 1929, the Great Depression and diversion of resources into World War II led to the suspension for years of new construction. The Century of Progress International Exposition was the name of the World's Fair held on the Near South Side lakefront from 1933 to 1934 to celebrate the city's centennial.
Streetcars were typically one car each in Chicago; two-car multiple-unit control trains ran on Milwaukee between March 2, 1925 and May 5, 1929. [61] As of 1928, the line had owl service between 1:05 and 5:35 a.m. , wherein cars ran either every fifteen minutes or every thirty minutes depending on destination; [ 62 ] during the day, streetcars ...
Charles Edwin Mitchell (October 6, 1877 – December 14, 1955) was an American banker whose incautious securities policies facilitated the speculation which led to the Crash of 1929. First National City Bank's (now Citibank ) controversial activities under his leadership were a major contributing factor in the passage of the Glass-Steagall Act .
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Printers Row, [1] also known as Printing House Row, is a neighborhood located in the south of the Chicago downtown area known as the Loop. The heart of Printers Row is generally defined by Ida B. Wells Drive on the north, Polk Street on the south, Plymouth Court on the east, and the Chicago River on the west. [ 2 ]
The Historic Michigan Boulevard District is a historic district in the Loop community area of Chicago in Cook County, Illinois, United States encompassing Michigan Avenue between 11th (1100 south in the street numbering system) or Roosevelt Road (1200 south), depending on the source, and Randolph Streets (150 north) and named after the nearby Lake Michigan.