The great depression “bank holiday” (jan 16, 1929 – jan 1, 1933)
Description:
resulted in the failure of nearly 10,000 banks during this four-year period.A “bankholiday” was declared by President Franklin Delano Roosevelt to avoid bank runs.
Added to timeline:
Date:
jan 16, 1929
jan 1, 1933
~ 3 years and 11 months