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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]
1920 – Perfected in this year, the Thompson submachine gun, or the "Tommy Gun", aka, "the Chicago typewriter", became the weapon of choice for at least some of the city's mobster gangs. The Saltis – McErlane Gang was the first to use this gun in Chicago.
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange suddenly fell almost 50% from its peak the previous year.
In 1920 came Prohibition and the unmasking of a swindler named Ponzi. On Sept. 16, 1920, a terrorist explosion on Wall Street killed 38 and wounded 300. Later that month, a grand jury heard evidence into the Chicago White Sox’s alleged fixing of the 1919 World Series.
In 1920 the community had a choice of five daily papers – from the Socialist Dziennik Ludowy (People's Daily; 1907–1925) to the Polish Roman Catholic Union's Dziennik Zjednoczenia (Union Daily; 1921–1939). The decision to subscribe to a particular paper reaffirmed a particular ideology or institutional network based on ethnicity and class ...
After the war ended, the global economy began to decline. In the United States, 1918–1919 saw a modest economic retreat, but the second part of 1919 saw a mild recovery. A more severe recession hit the United States in 1920 and 1921, when the global economy fell very sharply.
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Drawing in Frank Leslie's of panicked stockbrokers on May 9, 1893. The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. [1] It deeply affected every sector of the economy and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley .
