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fair

(Encyclopedia)fair, market exhibition at which producers, traders, and consumers meet either to barter or to buy and sell goods and services. Before the development of transportation and marketing, fairs furnished ...

Tianjin

(Encyclopedia)Tianjin or Tientsin both: tyänˈjĭnˈ [key], city and independent municipality (2010 pop. 12,938,224), NE China. In E central Hebei prov., it is a politically independent unit (4,400 sq mi/11,399 sq...

public ownership

(Encyclopedia)public ownership, government ownership of lands, streets, public buildings, utilities, and other business enterprises. The theory that all land and its resources belong ultimately to the people and th...

Sirleaf, Ellen Johnson

(Encyclopedia)Sirleaf, Ellen Johnson sÄ­rlÄ“fˈ [key], 1938–, Liberian economist and political leader. Educated in the United States (M.P.A. Harvard, 1971), she worked in the Liberian government (1964–67, 1977â...

Federal Reserve System

(Encyclopedia)Federal Reserve System, central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly ...

Law, John

(Encyclopedia)Law, John, 1671–1729, Scottish financier in France, b. Edinburgh. After killing a man in a duel (1694) he fled to Amsterdam, where he studied banking. Returning to Scotland (1700), he proposed to Pa...

Mellon, Andrew William

(Encyclopedia)Mellon, Andrew William, 1855–1937, American financier, industrialist, and public official, b. Pittsburgh. He studied at the Western Univ. of Pennsylvania (now the Univ. of Pittsburgh), but he left c...

Man, Isle of

(Encyclopedia)Man, Isle of, island and dependency of the British crown (2015 est. pop. 83,000), 227 sq mi (588 sq km), off Great Britain, in the Irish Sea. The coast is rocky with precipitous cliffs; the Calf of Ma...

check

(Encyclopedia)check or cheque, bill of exchange (see draft) drawn upon a bank or trust company or broker connected with a clearinghouse (see clearing). Upon presentation of a check, the bank or other drawee pays ca...

Bernanke, Ben Shalom

(Encyclopedia)Bernanke, Ben Shalom bĕrnăngkˈē [key], 1953–, U.S. economist and government official, b. Augusta, Ga.; grad. Harvard (B.A., 1975), Massachusetts Institute of Technology (Ph.D., 1979). He was a p...