Events in 1929

February 11, 1929

Vatican City State Establishment

The Lateran Treaty established Vatican City as the world's smallest sovereign state, resolving a 59-year conflict between Italy and the Holy See. The agreement granted the Catholic Church complete autonomy over 108.7 acres of territory within Rome.

October 29, 1929

Great Depression Begins

The Great Depression began with Black Tuesday on October 29, 1929, when the stock market crashed, leading to the most severe economic downturn in modern history. The crisis spread globally, causing widespread unemployment, mass poverty, and profound social changes that would reshape society for decades.

October 29, 1929

The Great Depression Peak Unemployment

The Great Depression reached its devastating peak in 1933 with an unprecedented 24.9% unemployment rate, leaving 15 million Americans jobless in the worst economic crisis of modern history.

October 29, 1929

The Great Depression

The Great Depression was the worst economic downturn in US history, beginning with the stock market crash of 1929 and ending between 1939-1941 due to World War II's massive industrial mobilization.

December 1, 1929

First Hooverville Emerges in Seattle

The first documented Hooverville appeared in Seattle's Harbor Island in late 1929, marking the beginning of widespread makeshift settlements during the Great Depression. These settlements, named to criticize President Herbert Hoover, housed thousands of homeless Americans who lost everything in the economic crisis.