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During this time, most people believed that the decline was merely a bad recession, worse than the recessions that occurred in 1923 and 1927, but not as bad as the Depression of 1920–1921. Economic forecasters throughout 1930 optimistically predicted an economic rebound come 1931, and felt vindicated by a stock market rally in the spring of 1930.
5th millennium BC · 5000–4001 BC 4th millennium BC · 4000–3001 BC 40th century BC: 39th century BC: 38th century BC: 37th century BC: 36th century BC: 35th century BC: 34th century BC: 33rd century BC: 32nd century BC: 31st century BC: 3rd millennium BC · 3000–2001 BC 30th century BC: 29th century BC: 28th century BC: 27th century BC ...
Reconstruction era (1865–1877) (Some of this time period is known as the "Old West".) Gilded Age (1877–1896) Fourth Party System (1896–1932) Progressive Era (1896–1917) United States in World War I (1917–1918) Roaring Twenties (1920–1929) Fifth Party System (1932–1980) Great Depression (1929–1939)
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
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 1930s (pronounced "nineteen-thirties" and commonly abbreviated as "the '30s" or "the Thirties") was a decade that began on January 1, 1930, and ended on December 31, 1939.
With his ascension, Reagan effectively swept away the last remnants of the party's liberal wing, who had all switched to the Democratic Party by this time. For this reason, Reagan's election is widely regarded as marking the end of the Fifth Party System and the beginning of the Sixth Party System that arguably continues today. [7]
The Dust Bowl was the result of a period of severe dust storms that greatly damaged the ecology and agriculture of the American and Canadian prairies during the 1930s. The phenomenon was caused by a combination of natural factors (severe drought) and human-made factors: a failure to apply dryland farming methods to prevent wind erosion, most ...