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The Depression of 1920–1921 was a sharp deflationary recession in the United States, United Kingdom and other countries, beginning 14 months after the end of World War I. It lasted from January 1920 to July 1921. [1]
Overshadowed by the Wall Street Crash of 1929, the Depression of 1920-1921 appears, if at all, as a footnote to the history of the interwar United States.
Nov 18, 2009 · To be sure, the 1920–1921 depression was painful. The unemployment rate peaked at 11.7 percent in 1921. But it had dropped to 6.7 percent by the following year and was down to 2.4 percent by 1923.
Nov 22, 2013 · The Dow Jones Industrial Average increased six-fold from sixty-three in August 1921 to 381 in September 1929. After prices peaked, economist Irving Fisher proclaimed, “stock prices have reached ‘what looks like a permanently high plateau.’” 1. The epic boom ended in a cataclysmic bust.
The Depression of 1920–21 was a sharp deflationary recession in the United States and other countries, beginning 14 months after the end of World War I. It lasted from January 1920 to July 1921. The extent of the deflation was not only large, but large relative to the accompanying decline in real product.
May 10, 2024 · The U.S. stock market fell by nearly 50% and corporate profits declined by over 90% during a short depression known as the Forgotten Depression that lasted from 1920 to 1921. The U.S. economy...
May 10, 2010 · During the 1920s, the U.S. stock market underwent rapid expansion, reaching its peak in August 1929 after a period of wild speculation in the Roaring Twenties. By then, production had already...
