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profit

(Encyclopedia)profit, in economics, return on capital, also called earnings, minus the costs of maintaining land, labor, and capital. It is also known as net income. Economic theorists generally make a distinction ...

Baltimore & Ohio Railroad

(Encyclopedia)Baltimore & Ohio Railroad (B&O), first U.S. public railroad, chartered in 1827 by a group of Baltimore businessmen to regain trans-Allegheny traffic lost to the newly opened Erie Canal. Constr...

Great Salt Plains Dam

(Encyclopedia)Great Salt Plains Dam, on Salt Fork, a tributary of the Arkansas River, NW Okla., near Enid. The dam was authorized in 1936 as a federal project and completed in 1941. In a salt-encrusted plains area,...

Iztapalapa

(Encyclopedia)Iztapalapa or Ixtapalapa both: ēstäpäläˈpä [key], city, Federal District, S central...

District of Columbia

(Encyclopedia)District of Columbia, federal district (2020 pop. 689,545), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Wa...

Ness, Eliot

(Encyclopedia)Ness, Eliot, 1903–57, American law enforcement officer, b. Chicago, grad. Univ. of Chicago (1925), famous as the leader of the “Untouchables,” the Justice Dept. squad who fought the gangster Al ...

Volstead, Andrew Joseph

(Encyclopedia)Volstead, Andrew Joseph vŏlˈstĕd [key], 1860–1947, American legislator, b. Goodhue co., Minn. A lawyer, he held several local offices in Minnesota before serving (1903–23) in the U.S. House of ...

Aetolian League

(Encyclopedia)Aetolian League, confederation centering in the cities of Aetolia. It was formed in the 4th cent. b.c. and began to gain power in the 3d cent. in opposing the Achaean League and the Macedonians. At it...

Kuala Lumpur

(Encyclopedia)Kuala Lumpur kwäˈlə lo͝omˈpo͝or [key], city (1990 est. pop. 1,750,000), capital of Malaysia, S Malay Peninsula, at the confluence of the Klang and Gombak rivers, within the Federal Territory. Ma...

Kentucky and Virginia Resolutions

(Encyclopedia)Kentucky and Virginia Resolutions, in U.S. history, resolutions passed in opposition to the Alien and Sedition Acts, which were enacted by the Federalists in 1798. The Jeffersonian Republicans first r...