Economic Events from 1920 to 1929

  • End of World War 1

    End of World War 1
    Germany and the Allies sign an armistice to end the fighting in World War 1
  • Prohibition of Alcohol

    Prohibition of Alcohol
    Congress ratifies the 18th Amendment, prohibiting the sale of alcohol anywhere in the United States.
  • Cotton Prices Plummet

    Cotton Prices Plummet
    The resulting overproduction causes a collapse in prices, with cotton falling to less than 10 cents a pound by early 1921.
  • Raised Tariffs

    Congress passes the Fordney-McCumber Tariff, sharply raising tariff duties to protect the American market for American manufactures.
  • Yankee Stadium

    Yankee Stadium
    Yankee Stadium, the "House that Ruth Built," is constructed in the Bronx, New York.
  • Mickey Mouse

    Mickey Mouse
    Walt Disney's Steamboat Willie premieres, introducing the world to a new animated character: Mickey Mouse.
  • Stock Market Crash

    Stock Market Crash
    The American stock market collapses, signaling the onset of the Great Depression.