(Encyclopedia) Clayton Antitrust Act, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman Antitrust Act of 1890. It was drafted by Henry De Lamar Clayton. The act…
WHAT IS SUPPLY AND DEMAND? WHAT IS THE MARKET? WHAT TYPES OF ECONOMIES ARE THERE? WHAT IS NOT PART OF THE ECONOMY? PRODUCTIONCONSUMERSFIND OUT MOREPeople work together to grow things, extract…
(Encyclopedia) inflation, in economics, persistent and relatively large increase in the general price level of goods and services. Its opposite is deflation, a process of generally declining prices.…
(Frederick Austerlitz)dancer, actorBorn: 5/10/1899Birthplace: Omaha, Nebraska Dancer and actor who appeared with dancing partner Ginger Rogers in several romantic comedies that elevated dance to…
(Encyclopedia) rent control, in economics and law, government regulation of rent to prevent unreasonable or excessive increases. In the United States, the federal government imposed rent control (and…
American Indian Heritage Month is observed every November in the United States. Learn the etymology of many English words that have American Indian origins, find a list of the best American…
Spikes in oil, gas, and food prices raise awareness of the need to conserve resources by Beth Rowen Earth Day was first celebrated in 1970, a result of the efforts of Sen. Gaylord…
Priority Mail offers 1-3 day service to most domestic destinations. Items must weigh 70 lbs or less and measure 108 in. or less in combined length and girth. Prices are Post Office (retail and…
(Sebastian Spering Kresge) merchant, philanthropistBorn: 7/31/1867Birthplace: Bald Mount, Pa. With a newly minted business degree in hand, Kresge worked as a traveling tinware salesman (1890–97)…