jan 1, 1930 - 1930’s Great Depression (regarding banking)
Description:
There was a crash in the first 10 months of 1930, 744 banks failed. In all, 9,000 banks failed during the decade of the 30s. 4,000 banks failed during the one the year of 1933 alone. Many people argued that that was a cause of the Great Depression.Added to timeline:
Date:
jan 1, 1930
Now
~ 94 years ago
