Coolidge missed the Great Depression by not running for office in 1928, as it had started in 1929.
The Great Depression is recalled as the worst economic downturn in the history of the industrialized world, lasting from the stock market crash of 1929 to 1939. The Great Depression began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
As a consecuence, Americans were unemployed and nearly half the country’s banks had failed.