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1
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| Millennia: | 2nd millennium |
| Centuries: | 19th century - 20th century - 21st century |
| Decades: | 1900s 1910s 1920s - 1930s - 1940s 1950s 1960s |
| Years: | 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 |
| Categories: | Births - Deaths - Architecture Establishments - Disestablishments |
The 1930s were described as an abrupt shift to more radical and conservative lifestyles, as countries were struggling to find a solution to the Great Depression, also known as the World Depression.Heywood Fleisig (May 1976). "War-Related Debts and the Great Depression (in The Last Great Depression and the Present One)". The American Economic Review 66: 52 - 58. Retrieved on 2007-05-29.
The decade started off economically unsteady, with the stock market dropping late in 1929. However, late in 1930, stocks and the economy dropped more, and this time it didn\'t become better. Many people blamed then President Herbert Hoover for the things that were happening in the economy, along with the Great Depression. People began to feel the effects of the plunging stock market in 1931, and the situation grew progressively worse until reaching the low point in 1933. The gloomy conditions that arose led to a rise of political extremes between ultra-conservatism and radical political parties. After 1933, the economy began a gradual recovery which wouldn\'t reach the level of prosperity of 1930 until World War II. In both Central Europe and Eastern Europe, Fascism, Nazism, and Stalinism dominated as the solution to these problems: the first two adopted war-oriented economic policies while the latter adopted sweeping industrialization programs such as Stalin\'s Five-Year Plans, all of them described as totalitarian regimes. In East Asia, the rise of militarism occurred.
In Western Europe, Australia and the United States, more progressive reforms occurred as opposed to the extreme measures sought elsewhere. Roosevelt\'s New Deal attempted to use government spending to combat large-scale unemployment and severely negative growth. Ultimately, it would be the beginning of World War II in 1939 that would end the depression.
Contents |
Many technological advances occurred in the 1930s, including:
1931: Empire State Building is opened.
Military Enigma machine
Reza Shah Pahlavi changed the name of Persia to Iran in 1935
Updated Nov. 19, 2007
This article is licensed under the GNU Free Documentation License. It uses material from Wikipedia