1929

Stock market crashed

A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.

The valentine's day massacre

This rash of gang violence reached its bloody climax in a garage on the city’s North Side on February 14, 1929, when seven men associated with the Irish gangster George “Bugs” Moran, one of Capone’s longtime enemies, were shot to death by several men dressed as policemen. The St. Valentine’s Day Massacre, as it was known, was never officially linked to Capone, but he was generally considered to have been responsible for the murders.

The first car radio is made by Motorola.

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