1920s: Stock Market Crash (1929)
- U.S. President Calvin Coolidge stated in 1925: “The main focus of the American people is business.”
- The 1920s, known as the “Roaring Twenties” or the Jazz Age, saw a thriving American economy and a period of peace and prosperity.
- However, this era abruptly ended in October 1929 with the stock market crash.
- The stock market crash of 1929 triggered the onset of the Great Depression.
- The Great Depression brought years of economic hardship and suffering to the United States.
- The optimism and prosperity of the Roaring Twenties were replaced by widespread unemployment, poverty, and despair.
- The Great Depression had profound and lasting effects on American society, economics, and politics.
List of Major American Historical Events
List of Major American Historical Events: The story of the United States is like a big puzzle made of important moments that changed its path.
Splitting this story into decades helps us see how America grew. From when it fought for independence to when it fought for civil rights, these moments show us how America changed over time.
Let us discuss the Major American Historical Events in detail.