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The major event of the year for the United States was the stock market crash on Wall Street, which was to have international effects and be widely regarded as the inciting incident of the Great Depression. On September 3, the Dow Jones Industrial Average (DJIA) peaked at 381.17, a height it would not reach again until November 1954.
Events from the year 1929 in the United States. Incumbents. Federal government President: ... July 10 – John Glenn, Major League Baseball outfielder (d. 2023)
This section of the timeline of United States history concern events from 1900 to 1929. U.S. territorial extent in 1900 ... NBC founded as the U.S.'s first major ...
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.
1948 – The Texaco Star Theater, starring Milton Berle, becomes the first major successful U.S. television program; The Toast of the Town also debuts; 1948 – Berlin Blockade; 1948 – U.S. presidential election, 1948: Harry S. Truman is elected president for a full term, Alben W. Barkley is elected vice president
18 March – An underground fire at Coombs Wood colliery near Halesowen kills 8 miners, the last major disaster in the Black Country coalfield. [1] 30 March – Imperial Airways begins operating the first commercial flights between London and Karachi. [2] 22 April – Chat Moss airport opens in Manchester, Britain's first municipal airport. [3 ...
Herbert Hoover becomes the 31st president of the United States on March 4, 1929; Great Depression, September 3, 1929 – September 1, 1939 Wall Street Crash, September 3, 1929 – July 8, 1932 Black Tuesday, October 29, 1929
May–June: Second major round of U.S. bank failures and worsening economic situation contributes to permanent change in people's expectation of the economy. This run was centered on bank in Chicago, which suffered from real estate loan defaults. Of the 193 state-chartered banks in the Chicago area in 1929, only 35 would survive to the end of ...