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DK Society & Beliefs: The State

WHO WORKS FOR THE STATE? WHY ARE STATES FORMED? HOW DOES A STATE PAY FOR ITS SERVICES? TAXWELFARECENTRAL BANKFIND OUT MOREA state is a territory where one central culture, a set of ideals, and a…

The Supreme Court: Paying for Campaigns

Paying for CampaignsThe Supreme CourtElecting Our LeadersElection Machinery That WorksRemapping DistrictsPaying for CampaignsGetting the Word OutSwitching Parties Campaign financing laws can…

A Brief History of Checking

No one is quite sure when the first checks appeared. Some experts think the Romans may have invented the check about 352 B.C. But even if that were true, the idea apparently didn't catch on.…

John Davison Rockefeller

industrialist, philanthropistBorn: 7/8/1839Birthplace: Richford, N.Y. An American business icon, Rockefeller made his first business transaction at age 12. His parents had taught him to save his…

Durant, Thomas Clark

(Encyclopedia) Durant, Thomas Clark, 1820–85, American railroad builder, chief figure in the construction of the Union Pacific RR, b. Lee, Mass. He was successful in building railroads in the Midwest…

Highest Inflation (in 2023)

Money to Burn Inflation is a pretty natural process in an economy where the value of currency decreases over time as the supply of money increases. Inflation is part of the reason why milk used to…

promissory note

(Encyclopedia) promissory note, unconditional written promise to pay a certain sum of money at a definite time to bearer or to a specified person on his order. Promissory notes are generally used as…

Davidson, John

(Encyclopedia) Davidson, John, 1857–1909, Scottish poet. After teaching in Scotland he went to London. There, struggling with poverty and illness, he wrote Fleet Street Eclogues (1893; Ser. 2, 1896…