Sunday, April 18, 2010

Unites States Events (1919-1939)


John Dellinger killed (1934)
American bank robber in the Midwest during the early 1930s. He was considered to be a dangerous criminal who was involved in the deaths of several police officers, robbed at least two dozen banks and four police stations,and escaped from jail twice. The exploits of Dillinger and his gang, along with those of other criminals of the Great Depression such as Bonnie and Clyde and Ma Barker, dominated the attention of the American press and its readers during what is sometimes referred to as the public enemy era
Connection across time- It was much easier to rob a bank, and escape from jail in John Dellinger's life time. The technology we have now makes it nearly impossible to rob a bank and get away with it.


Stock Market Crashes (October 29, 1929)
The Stock Market Crash of 1929 devastated the economy and was a key factor in beginning the Great Depression. On the morning of Thursday, October 24, 1929, stock prices plummeted. Many of people were selling their stocks. Margin calls were sent out. The ticker was so overwhelmed that it quickly fell behind. A crowd gathered outside of the New York Stock Exchange on Wall Street, stunned at the downturn. Billions of dollars simply vanished. People could not pay the money they owed on marggin purchases. Stocks they had brought at high prices were now worthless. Unemployment began to rise.
Connection across time- The stock prices dropping in 1929 compares to are stock market today. Even today stock prices rise and fall. We are also experienceing a rise in unemployment.

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