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demonetization

(Encyclopedia)demonetization dēˌmŏnˌətəzāˈshən [key], governmental withdrawal of the monetary quality from particular coinage or precious metal. By demonetization former money is no longer legal tender, al...

mercantilism

(Encyclopedia)mercantilism mûrˈkəntĭlĭzəm [key], economic system of the major trading nations during the 16th, 17th, and 18th cent., based on the premise that national wealth and power were best served by inc...

money

(Encyclopedia)money, term that refers to two concepts: the abstract unit of account in terms of which the value of goods, services, and obligations can be compared; and anything that is widely established as a mean...

Latin Monetary Union

(Encyclopedia)Latin Monetary Union. In 1865, France, Belgium, Italy, and Switzerland (joined in 1868 by Greece) agreed to regulate their national currencies on a uniform basis, thus making it freely interchangeable...

Aldrich, Nelson Wilmarth

(Encyclopedia)Aldrich, Nelson Wilmarth, 1841–1915, U.S. Senator from Rhode Island, b. Foster, R.I. He rose in local politics as state assemblyman (1875–76) and U.S. Representative (1879–81) before he served a...

coin

(Encyclopedia)coin, piece of metal, usually a disk of gold, silver, nickel, bronze, copper, aluminum, or a combination of such metals, stamped by authority of a government as a guarantee of its real or exchange val...

monetary agreement

(Encyclopedia)monetary agreement, attempt by two (bilateral) or more (multilateral) nations to regulate and coordinate their financial relations by treaty. The objectives are usually to promote trade by facilitatin...

Rogers, James Harvey

(Encyclopedia)Rogers, James Harvey, 1886–1939, American economist, b. South Carolina, grad. Univ. of South Carolina (B.A., 1906) and Yale (B.A., 1909; Ph.D., 1916). He was professor of economics at the Univ. of M...

Witteveen, H. Johannes

(Encyclopedia)Witteveen, H. Johannes (Hendrikus Johannes Witteveen), 1921–2019, Dutch economist and political leader. After receiving his doctorate from the Netherlands School of Economics (now Erasmus Univ. Rott...

Szewińska, Irena

(Encyclopedia)Szewińska, Irena, 1946–2018, Polish sprinter and long jumper, b. Leningrad (now St. Petersburg, Russia) as Irena Kirszenstein, grad. Univ. of Warsaw, 1970. In her first Olympics (1964), she won sil...