By Cynthia L. Clark
In line with a piece initially released in 2003, the yank financial system: A old Encyclopedia, Revised version has been completely up-to-date with info at the accounting scandals of the early 2000s and the recession of 2008, together with the govt. stimulus and bailout courses and the recession's influence on key markets. With greater than six hundred brief entries, 31 longer essays, and 32 basic resource records, the encyclopedia spans American background from colonial instances to the current. Researchers will notice distinct details on humans, occasions, and govt activities that experience formed our financial system, with entries on such seminal matters as slavery, migration styles, the welfare nation, the increase of the town, and the improvement of economic associations. all through, detailed recognition is paid to the interdependence of economics with political, social, and cultural forces. overlaying every little thing from the nationwide debt to financial coverage, legislations, unemployment, inflation, and government/business kinfolk, this paintings is the perfect go-to source for speedy solutions, in-depth research, or course for additional learn.
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Extra info for The American Economy 2 volumes : A Historical Encyclopedia
Let’s Get Real about Welfare. Silver Spring, MD: Bread for the World Occasional Paper no. 5, 1995. Alaska Forty-ninth state of the United States, known for the TransAlaska Pipeline. “Seward’s Folly” no longer has a place—if it ever did—in the lexicon as a nickname for Alaska, given the actual and potential reserves of Alaska oil and gas, not to mention the abundance of coal. The oil field at Prudhoe Bay, discovered by Atlantic Richfield in 1968, has the potential productive capacity of 10 billion barrels—twice as much as the next-largest field ever found in the United States, that of East Texas in 1930.
Families during this period purchased automobiles, homes in the suburbs, and modern appliances. Poverty did continue but remained overshadowed by the affluence of the majority. During the 1960s, it became apparent that not everyone in the United States enjoyed a prosperous lifestyle. President Lyndon B. Johnson attempted to address this disparity in wealth through the Great Society program. However, a gap continues to exist into the twenty-first century. Tony Ward See also: Volume One: Consumer Spending.
A long series of wars had left the British state deeply in The massacre perpetrated in King Street, Boston on March 5, 1770, in which Messrs Saml. Gray, Saml. Maverick, James Caldwell, Crispus Attucks, Patrick Carr were killed, six others wounded, two of them mortally. ) debt and ready to reexamine its empire for new sources of revenue. Parliament and the king’s ministers decided that the colonies had not paid enough in taxes for their own support and maintenance. In 1764, Minister George Grenville and the British Parliament passed the Sugar Act as a way to curtail America’s smuggling and increase Britain’s revenue.
The American Economy 2 volumes : A Historical Encyclopedia by Cynthia L. Clark