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American Economic History: A Dictionary and Chronology by James S. Olson, Abraham O. Mendoza

By James S. Olson, Abraham O. Mendoza

A learn of the U.S. economic climate is critical to figuring out U.S. politics, society, and tradition. To make that learn more straightforward, this dictionary bargains concise essays on greater than 1,200 economics-related issues. Entries conceal a wide array of pivotal details on old occasions, laws, financial phrases, hard work unions, innovations, curiosity teams, elections, complaints, fiscal guidelines and philosophies, financial associations, and worldwide techniques. Economics-focused biographies and corporate profiles are featured as sidebars, and the paintings additionally contains either a chronology of significant occasions in U.S. fiscal heritage and a selective bibliography.

Encompassing U.S. heritage on the grounds that 1776 with an emphasis on contemporary a long time, entries diversity from issues concerning the early fiscal formation of the republic to those who discover fiscal elements of knowledge know-how within the twenty first century. The paintings is written to be truly understood by means of upper-level highschool scholars, yet deals adequate intensity to attract undergraduates. additionally, most people can be attracted by means of informative discussions of every little thing from fresh power to what retains rates of interest low.

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Roosevelt and the New Deal, 1932–1940, 1963. 13 14 A G R I C U L T U R A L A D J U ST M ENT A D M I N I ST R AT I ON Edward L. Schapsmeier and Frederick H. Schapsmeier, Henry A. Wallace of Iowa: The Agrarian Years, 1910–1940, 1968. A G R I C U LT U R A L A D J U S T M E N T A D M I N I S T R AT I O N On May 12, 1933, President Franklin D. Roosevelt* signed the first Agricultural Adjustment Act*. The long-range goal of the law was to attain ‘parity* for farmers— an economic balance between the prices received for farm commodities and the prices paid for manufactured goods equivalent to the balance that had existed from 1909 to 1914 (1919 to 1929 for cotton).

Hicks, Agricultural Discontent in the Midwest, 1900–1939, 1951. James Shideler, Farm Crisis, 1919–1923, 1957. A G R I C U LT U R A L M A R K E T I N G A G R E E M E N T O F 1937 After the Supreme Court declared the Agricultural Adjustment Act* of 1933 unconstitutional in 1936, Congress passed the Agricultural Marketing Agreement in 1937 to reenact its marketing agreements. In an effort to reduce crop surpluses, the legislation allowed the secretary of agriculture to enter into marketing agreements with farmers, processors, and marketers after they had agreed to the arrangement by a two-thirds vote.

A F G H A N I S TA N WA R A N D T H E WA R O N T E R R O R The 9/11 Attacks On September 11, 2001, the worst terrorist attacks ever committed against the United States occurred. C. Passengers on the fourth aircraft, informed by cell phone of what had transpired on the other three planes, battled with the hijackers; their plane crashed in a Pennsylvania field before it could reach its target, believed to be the White House or the Capitol Building. All but one of the nineteen terrorists who carried out the deadly attacks were originally from Saudi Arabia, as was Al Qaeda mastermind Osama bin Laden.

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