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1926 Stock Price
In January, 1926, the price of stocks was at $82.75. -
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Economic Situation of the United States
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1929 Stock Price
During May of 1929, stock prices hit the highest point during this time span of 1926 - 1941. In 1929, the stock price was $264.5. -
1929 Wall Street Crash
On October 24, 1929, the most devastating crash in US history occurred on Wall Street. This day is known as "Black Thursday." -
1930 Unemployment
The unemployment rate in 1930 was at 8.7 %. -
1931 Unemployment
The unemployment rate in 1931 was at 19.5%. -
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1932
Great Depression worsens. 10,000 banks fail. Unemployment reaches 25%. -
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1933
Congress passed the Emergency Banking Act. -
1933 Unemployment
The unemployment rate in 1933 was at 24.9%. -
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1935
Social Security Bill is signed. -
Period: to
1941
Great Depression ends due to huge government spending for World War Two. -
1941 Stock Price
The price of stocks in December 1941 was $74.00.