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Friedman, Milton

(Encyclopedia) Friedman, MiltonFriedman, Miltonfrēdˈmən [key], 1912–2006, American economist, b. New York City, Ph.D. Columbia, 1946. Friedman was influential in helping to revive the monetarist…

speculation

(Encyclopedia) speculation, practice of engaging in business in order to make quick profits from fluctuations in prices, as opposed to the practice of investing in a productive enterprise in order to…

The President's Cabinet

Members of the President's Cabinet act as his official advisory group and head executive departments. The President appoints members of his cabinet and the Senate must confirm them. Here is a list…

Sam Walton

retailerBorn: 3/29/1918Birthplace: Kingfisher, Okla. After graduating from the University of Missouri, he began his career as a retail merchant when he opened the first of several franchises of the…

Susan A. DAVIS, Congress, CA (1944)

DAVIS, Susan A., a Representative from California; born in Cambridge, Middlesex County, Mass., April 13, 1944; B.A., University of California, Berkeley, Calif., 1965; M.S. W., University of North…

competition, in economics

(Encyclopedia) competition, in economics, rivalry in supplying or acquiring an economic service or good. Sellers compete with other sellers, and buyers with other buyers. In its perfect form, there…

Passenger Planes: Concorde

by David Noland Concorde Specs Length: 202 ft Wingspan: 84 ft Empty weight: 173,500 lbs Max fuel weight: 210,000 lbs Max takeoff weight:…

Bombers: Northrop B-2

by David Noland Northrop B-2 Specs Length: 69 ft Wingspan: 172 ft Empty weight: 158,000 lbs Max weight: 336,500 lbs…

Private Planes: Piper Cub

by David Noland Piper Cub Specs Length: 22 ft, 2 in. Wingspan: 35 ft, 2 in. Empty weight: 670 lbs Gross weight: 1,220 lbs Max speed: 75…

Andrea Jung

business executiveBorn: 1959 Birthplace: Toronto, Canada The oldest child of Chinese immigrants, Jung grew up speaking both English and Mandarin Chinese. Jung received a BA in English literature…