A comprehensive look at the New Deal, a collection of political and economic policies and programs promulgated by the first two administrations of President Franklin D. Roosevelt aimed at combating the economic miseries of the Great Depression.
An in-depth look at Pareto's Law, which posits the constant pattern of income distribution across different societies and times, including the concept of Pareto Optimality.
Parliamentary Procedure refers to the formal procedures followed in the conduct of meetings, usually guided by Robert's Rules of Order, to expedite and organize the meeting's agenda.
Party Line is a traditional telephony service available at a lower rate than a private line. It allows multiple users to share the same line but ensures no interference among users.
A comprehensive overview of PDAs, handheld personal computers with touch screens or limited keyboards, primarily used as address books and schedulers, now largely supplanted by smartphones.
Picketing is the practice used in labor and political disputes, involving patrolling, usually with placards, to publicize a dispute or secure support for a cause. It is a constitutionally protected exercise of free expression when done in accordance with law.
The poll tax is a nominal lump-sum tax imposed on individuals as a requirement for voting in public elections. Historically used to discourage low-income citizens from voting, it has been ruled unconstitutional in the United States.
Prodigy was a pioneering online service that shaped the early Internet era, currently owned by AT&T (formerly SBC Corporation). This article explores its history, impact, and legacy.
Protest is a stated objection, disapproval, or complaint regarding a particular matter or product. This entry details the types, historical significance, and examples of protests.
An ancient common law writ used to challenge one's right to hold public office or corporate franchise, which has evolved from a criminal prosecution to a civil proceeding.
Rationing involves limiting the purchase or usage of an item when its demand exceeds the available supply at a specific price. This technique has been historically employed during crises, such as World War II, to conserve essential resources.
Reaganomics refers to the conservative, free-market economic policies favored by President Ronald Reagan and his administration during the years 1981 to 1989.
Research In Motion (RIM), now known as BlackBerry Limited, was a prominent producer of the BlackBerry smartphone series. This entry explores the history, impact, and significance of RIM in the technology industry.
Shekels are an ancient form of money first noted in the Bible and currently the official currency of Israel. This article provides a comprehensive overview of its history, usage, and significance.
Comprehensive overview of the Sherman Anti-Trust Act of 1890, its historical context, impact on U.S. law, and continued relevance in modern antitrust regulation.
Overview of Silicon Valley, the region in California known for being the hub of high-tech research and innovation, and the birthplace of modern computing advancements.
Comprehensive exploration of the Silver Standard, a monetary system where a currency's value is directly linked to silver. Learn about its implementation, historical significance, pros and cons, and its comparison to other standards.
A comprehensive overview of the Single Tax Movement, its economic and political philosophy, its historical context, influence, and applicability today.
The Smithsonian Agreement of December 1971 marked the end of the fixed exchange rate system established at the Bretton Woods Conference, transitioning to floating exchange rates.
The Social Security Act, enacted by Congress in 1935, established a federal retirement plan requiring current workers to support retired workers. This act was a response to old-age dependency exacerbated by The Great Depression.
The TELEX System was a groundbreaking national and international telecommunications service, allowing users to send messages from one typewriter to another. This foundational technology paved the way for modern communication methods, though it has largely been replaced by the FAX machine and other digital means.
A comprehensive overview of Tulipomania, a speculative bubble in 17th century Holland characterized by extraordinarily high prices for tulip bulbs, often cited as a classic example of market irrationality.
A comprehensive guide to understanding who qualifies as a Vietnam-Era Veteran and the benefits they receive under the Vietnam-Era Veterans Readjustment Assistance Act.
The Wagner Act, also known as the National Labor Relations Act of 1935, significantly empowered labor unions by prohibiting anti-labor practices and establishing the National Labor Relations Board (NLRB). This legislation was upheld as constitutional by the Supreme Court in 1937.
Western Union, the company that has significantly influenced telegraph services in the United States, recognized for its rich history and extensive network.
Derived from the 1950s Ivy League culture, 'White-Shoe Firm' refers to venerable, elite broker-dealers known for their conservative and prestigious practices, often seen as above engaging in hostile takeovers.
An acronym popularized during the 1980s to describe young career people who have high incomes and education, seeking instant success and gratification.
A detailed exploration of the 1979 Energy Crisis, triggered by the Iranian Revolution, examining its history, causes, and lasting impacts on global energy policies.
Explore the comprehensive history, evolution, and current status of the American Stock Exchange (AMEX), now known as the NYSE American. This entry delves into its origins, significant milestones, and its role in the financial markets.
An in-depth exploration of the Asian Financial Crisis, including its causes, governmental and institutional responses, and the valuable lessons learned from this pivotal economic event.
An in-depth exploration of Bernie Madoff, the American financier who orchestrated the largest Ponzi scheme in history, including the mechanics of his fraud and its consequences.
An in-depth look at Black Tuesday, October 29, 1929, when the DJIA fell 12%. Learn about its definition, historical significance, and long-term economic impact.
The Bretton Woods Agreement set up a collective international currency exchange system based on the U.S. dollar and gold, while establishing key financial institutions.
A comprehensive analysis of China's One-Child Policy, its historical context, implications on society, demographic changes, and its significance in population control strategies.
An in-depth exploration of the Clayton Antitrust Act of 1914, its historical context, key amendments, and its significance in promoting business competition and preventing monopolistic practices.
Explore the concept of Cottage Industry, a small-scale manufacturing business typically owned and operated by an individual or family within their home. Understand its history, types, examples, and economic impact.
An in-depth look at David Ricardo, a seminal figure in classical economics, renowned for his insights on wages, profit, labor theory of value, and comparative advantage.
An in-depth look at the concept of developing nations, the criteria used to classify them, and a comprehensive list of countries considered as developing.
In-depth analysis of the Economic Recovery Tax Act of 1981, its provisions, impact on the American economy, subsequent reversals, and historical significance as the largest tax cut in U.S. history.
An in-depth look at the Emergency Banking Act of 1933, its key objectives, significance in stabilizing the U.S. banking system, and its historical impact during the Great Depression.
Explore the concept of emigration, its underlying reasons, the significant economic impacts, historical context, related terms, and frequently asked questions.
An in-depth exploration of the European Currency Unit (ECU), its role in the European Monetary System, its replacement by the Euro, historical context, and practical workings.
Explore the European Monetary System (EMS), established in 1979, which aimed to foster closer monetary policy cooperation among European Community (EC) members. Learn about its history, objectives, mechanisms, and its significance in European economic integration.
An in-depth analysis of Generation X, the demographic cohort known for its unique characteristics, historical context, and impact, situated between the Baby Boomers and Millennials.
An in-depth examination of the Glass-Steagall Act of 1933, its objectives to separate commercial and investment banking, its impacts on the financial industry, and the circumstances surrounding its repeal in 1999.
A comprehensive examination of the Great Leap Forward, detailing its objectives, strategic execution, and the profound socio-economic impact it had on China in the late 1950s.
An in-depth examination of the Great Recession, its causes, its impacts on the global economy, and the lessons learned from this significant economic downturn.
A comprehensive exploration of the Great Society, its historical significance, various policy initiatives, long-term impact, and commonly asked questions.
An in-depth look at the Greek drachma, the former basic unit of currency in Greece, its historical significance, usage in ancient Greek city-states, and frequently asked questions.
Comprehensive guide to understanding what an heir is, including detailed definitions, types of heirs, implications of dying intestate, and real-life examples.
Comprehensive explanation of what constitutes a historic structure, its significance, and the criteria for its designation by the National Register of Historic Places.
Explore the definition, historical context, and controversy surrounding indentured servitude, a form of labor where individuals work without a salary to repay an indenture or loan within a certain timeframe.
Comprehensive overview of James M. Buchanan Jr., an American economist known for his pioneering work in public choice theory and recipient of the 1986 Nobel Prize in Economics.
An in-depth look into the career of Jerome Kerviel, his involvement with derivatives trading at Société Générale, and the impact of his unauthorized trades between 2006 and 2008.
A comprehensive look into the life, trading career, and impact of Jesse L. Livermore, one of the most famous stock traders in history whose experiences inspired the classic book 'Reminiscences of a Stock Operator.'
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