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consumption

(Encyclopedia)consumption, in economics, direct utilization of goods and services by consumers, not including the use of means of production, such as machinery and factories (see capital). Consumption can be divide...

smuggling

(Encyclopedia)smuggling, illegal transport across state or national boundaries of goods or persons liable to customs or to prohibition. Smuggling has been carried on in nearly all nations and has occasionally been ...

balance of trade

(Encyclopedia)balance of trade, relation between the merchandise exports and imports of a country. The concept first became important in the 16th and 17th cent. with the growth of mercantilism. Mercantilist theoris...

Fort Smith, city, United States

(Encyclopedia)Fort Smith, city (2020 pop. 89,142), seat of Sebastian co., NW Ark., at the Okla. line where the Arkansas and Poteau rivers join; inc. 1842. It is the r...

Smith, Sir Harry George Wakelyn

(Encyclopedia)Smith, Sir Harry George Wakelyn, 1787–1860, British general and administrator. He served in the Peninsular War and in the War of 1812 and was a brigade major at the battle of Waterloo. He commanded ...

Smith, James, American political leader

(Encyclopedia)Smith, James, c.1719–1806, political leader in the American Revolution, signer of the Declaration of Independence, b. Ireland. He settled in Pennsylvania in his youth and practiced law at York. He s...

Eden, Garden of

(Encyclopedia)Eden, Garden of, in the Bible, first home to humankind. In it were the trees of life and of the knowledge of good and evil. Having eaten the forbidden fruit of the latter tree, Adam and Eve were banis...

Adam, the first man, in the Bible

(Encyclopedia)Adam ădˈəm [key], [Heb.,=man], in the Bible, the first man. In the Book of Genesis, God creates humankind in his image as a species of male and female, giving them dominion over other life. Elsewhe...

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