Date in year · 1930 · The 1930s
On December 2, 1930, great Depression: In a State of the Union message, U.S. President Herbert Hoover proposes a $150 million public works program to help generate jobs and stimulate the economy.
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Year
1930
1930s
Featured · December 2, 1930
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street crash of 1929 often considered the beginning of the Depression.
Around 1930
1930 (MCMXXX) was a common year starting on Wednesday of the Gregorian calendar, the 1930th year of the Common Era (CE) and Anno Domini (AD) designations, the 930th year of the 2nd millennium, the 30th year of the 20th century, and the 1st year of the 1930s decade.
What happened
Worldwide economic depression (1929–1939)
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street crash of 1929 often considered the beginning of the Depression.
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