Great Depression - The 1931 recession
Time: 1931
Place: U.S.
Details: 2,294 banks went down with nearly $1.7 billion in deposits. 28,285 businesses failed for a daily rate of 133 failures in 1931. Unemployment rises to 16%. US nominal GDP falls to $77 billion, and growth is -8.5%. Annual inflation is -9.3%.
Related
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Great Depression-Mini-stock market crash occurs
Monday Mar 25, 1929 - U.S.
Great Depression-The 1930 recession
1930 - U.S.
Great Depression-Federal Reserve begins lowering the discount rate
Friday Nov 1, 1929 - Eccles Building, Washington D.C., U.S.
Great Depression-Minor recession begins
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Great Depression-The 1933 healing up
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Great Depression-Federal Reserve industrial production index rebounds to 85.5
Jul, 1933 - Eccles Building, Washington D.C., U.S.
Great Depression-Federal Reserve's federal funds rate bottoms out at 1.5%
May, 1931 - Eccles Building, Washington, D.C., U.S.
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Dec, 1930 - U.S.
Great Depression-The 1932 situation
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Great Depression-Federal Reserve conducts open market transactions
Apr, 1932 - Eccles Building, Washington, D.C., U.S.
Great Depression-Federal Reserve's federal funds rate reaches 2%
Dec, 1930 - Eccles Building, Washington, D.C., U.S.
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1931
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1931 - Zaragoza, Spain
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1931 - Tel Aviv, Palestine, now Israel
Chinese Civil War-Japan's invasion and occupation of Manchuria
1931 - China
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1931 - New York, U.S.
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Igor Stravinsky-The Stravinskys moved to Voreppe
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1931 - South America and France
Winston Churchill-Churchill resigned from the Conservative Shadow Cabinet
Jan, 1931 - England, United Kingdom
Joseph Goebbels-Reichstag changed the immunity regulations
Feb, 1931 - Berlin, Germany
Mikhail Gorbachev-Birth
Monday Mar 2, 1931 - Privolnoye, Stavropol Krai, Russia
Anna May Wong-The Good Earth
Monday Mar 2, 1931 - U.S.
Mohandas Karamchand Gandhi-The Gandhi–Irwin Pact
Thursday Mar 5, 1931 - London, England
St. Patrick's Day-First official, state-sponsored St Patrick's Day parade
Tuesday Mar 17, 1931 - Dublin Ireland
Charles de Gaulle-de Gaulle once again asked Pétain for a posting to the École de Guerre
1931 - Beirut, Lebanon
Spanish Civil War-General Dámaso Berenguer
Sunday Apr 12, 1931 - Spain
Spanish Civil War-Second Spanish Republic
Tuesday Apr 14, 1931 - Spain
Lucky Luciano-Masseria assassination
Wednesday Apr 15, 1931 - Brooklyn, New York, U.S.
Spanish Civil War-The provisional government
Apr, 1931 - Spain
Spanish Civil War-An Incident
May, 1931 - Spain
Great Depression-Creditanstalt becomes insolvent
Monday May 11, 1931 - Vienna, Austria
Mother Teresa-First Religious vows
Sunday May 24, 1931 - Darjeeling, in the lower Himalayas, India
Francisco Franco-Military Academy closed
Jun, 1931 - Zaragoza, Spain
Great Depression-Federal Reserve's federal funds rate bottoms out at 1.5%
May, 1931 - Eccles Building, Washington, D.C., U.S.
Ho Chi Minh-Quốc (Ho) was arrested
Jun, 1931 - Hong Kong
Raúl Castro-Born
Wednesday Jun 3, 1931 - Birán, Cuba
Great Depression-Of the 193 state-chartered banks in the Chicago area in 1929, only 35 would survive to the end of 1933
Jun, 1931 - Chicago, Illinois, U.S.
Spanish Civil War-the Confederación Nacional del Trabajo
Jun, 1931 - Sevilla, Spain
W. E. B. Du Bois-Scottsboro Boys
1931 - Alabama, U.S.
Great Depression-Hoover Moratorium is issued
Saturday Jun 20, 1931 - U.S.
Great Depression-The Reichsbank loses 840 million marks in less than 3 weeks
Jul, 1931 - Berlin, Germany
Disasters with highest death tolls-1931 China Floods
1931 - China
Great Depression-Danatbank becomes insolvent
Monday Jul 13, 1931 - Darmstadt, Germany
Nikola Tesla-Tesla won Cross Cross of the Order of the Yugoslav Crown
1931 - Yugoslavia
Great Depression-Ramsay MacDonald's Labor government raising taxes
Aug, 1931 - London, England, United Kingdom
Hirohito-The Deputy Minister of the Japanese Army instructed not to use the term "prisoners of war" for Chinese captives
Wednesday Aug 5, 1931 - Tokyo, Japan
Wind turbine-Modern horizontal-axis
1931 - USSR (Present Day Russia)
Anna May Wong-Daughter of the Dragon
Saturday Sep 5, 1931 - U.S.
Lucky Luciano-"Night of the Sicilian Vespers"
Thursday Sep 10, 1931 - Manhattan, New York, U.S.
Second Sino-Japanese War-Japan invaded Manchuria
Friday Sep 18, 1931 - Manchuria, China
Anna May Wong-Mukden Incident
Sep, 1931 - Inner Manchuria, China
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Friday Sep 18, 1931 - China
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Friday Sep 18, 1931 - Manchuria, China
Great Depression-Britain leaves the gold standard, and the pound sterling depreciates by 25%
Monday Sep 21, 1931 - London, England, United Kingdom
World War II-China appealed to the League of Nations
Tuesday Sep 22, 1931 - Geneva, Switzerland
Spanish Civil War-Manuel Azaña became prime minister of a minority government
Oct, 1931 - Spain
Winston Churchill-October 1931 general election was a landslide victory for the Conservatives Churchill nearly doubled his majority in Epping
Tuesday Oct 27, 1931 - Epping, England, United Kingdom
Great Depression-The United Kingdom General election 1931
Tuesday Oct 27, 1931 - London, England, United Kingdom
Charles de Gaulle-De Gaulle was posted as a "drafting officer"
Nov, 1931 - France
Spanish Civil War-Government tried to assist rural Spain by instituting an eight-hour day and redistributing land tenure to farm workers
1931 - Spain
Diving horse-Lost their balance
1931 - U.S.
Winston Churchill-Commons debated Dominion Status for India
Thursday Dec 3, 1931 - London, England, United Kingdom
Spanish Civil War-Spanish Constitution of 1931
Wednesday Dec 9, 1931 - Spain
Prince Philip, Duke of Edinburgh-The family separated
1931 - England, United Kingdom
Winston Churchill-Churchill was crossing Fifth Avenue in New York City
Sunday Dec 13, 1931 - New York City, New York, U.S.
Joseph Goebbels-Goebbels and Quandt married
Saturday Dec 19, 1931 - Germany