Economic Impact of Hurricane Sandy
With the amount of destruction it caused, Hurricane Sandy is undoubtedly one of the costliest hurricanes to have ever hit the United States. However, it is being speculated that its impact on the U.S. economy will be short-lived,...
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Dollar Diplomacy
Dollar diplomacy, a foreign policy of the United States of America, saw its emergence by increasing its sphere of influence through economic means. The policy, formulated by the administration of William Howard Taft, affected the...
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Panic of 1837: Causes, Significance and Summary
Significance of Panic of 1837
It is a general tendency of many to liken the nature of the economic crisis which took place at very different periods of the timeline. The subject of discussion here is the economic crisis that triggered the panic of 1837. Buzzle...
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What Causes the Middle Class Squeeze
What do you understand by the term "middle class squeeze"? I am sure, most of the people living a middle class lifestyle will surely find themselves familiar with this term. Read on, to know what does it mean and what are...
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What is a Jobless Recovery
What happens when an economy is cutting back on jobs, but is still experiencing growth? Is it possible? Here, we try to shed some light on this phenomenon, called 'jobless recovery'.
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Things You Need to Know About the Dot-com Bubble
Things you need to know about the dot-com bubble
The Internet is a booming sector, and the amount of development that has taken place in this domain has benefited many young entrepreneurs. However, between 1997 and 2000, this flourishing domain started to decline.
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Middle Class Income Range
The middle class forms an important section of society, as it makes a substantial contribution in the growth of the GDP. The aim of this article is to explain what the range of income of the middle class is, and also the factors...
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What is the Gang of Six Plan
The gang of six is a group of six senators which consist of three democrats and three republicans. The six senators are chosen to propose a plan that will help in reducing the deficit and in preventing the debt ceiling. And this is...
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New Deal Effects
In a broad sense, the effects of New Deal on the United States can be broadly categorized into political effects and socioeconomic effects. Join us as we assess these effects of New Deal to see whether it was successful or not.
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What is the Dollar Bill Made of?
Currency notes are usually made of paper. However, the US one dollar bill is not made of paper, but of a material that will come as a surprise to you. Find out all about what is the dollar bill made of, by going through the...
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Free Trade Zones in the United States
A great deal of confusion prevails when it comes to use of terms like free trade zones, export processing zones, and Foreign Trade Zones, and that turns out to be a major hindrance when you try to compile a list of free trade zones...
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The Laffer Curve and Taxation in the United States
The Laffer Curve is based on very old economic reasoning, but it was made popular in the 1970s. It was used as the basis of many supply-side arguments in the 1980s, and is oddly relevant again in the modern-day.
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Panic of 1819
Going through this summary of the Panic of 1819 will help you understand how the United States was subjected to its first financial crisis and also, what were its repercussions on the economy.
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Economic Problems in the United States
The situation of the US economy has always been in focus due to its uncertainty. Read the following article to understand the reasons behind the issues faced by this country.
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Causes of Unemployment in the United States
Many people misunderstand the causes that are related to the recessionary cycle that led to the high rate of unemployment in the United States. Here, a basic list of legitimate causes has been provided.
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Second Wave of the Housing Crisis
If you thought you were in the recovery phase of the massive housing loan crisis that had engulfed the entire world in its aftermath, the worse is yet to come. Analysts predict that the second wave of the housing crisis is supposed...
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History of American Money
The United States of America has one of the most developed economies in the modern era. The dollar has become one of the most important units of monetary exchange and measurements.
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American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009, also called 'The Stimulus' or 'The Recovery Act', is an important step taken by the US Congress in order to fight the prevailing economic crisis.
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Is Corporate America Ruining America?
Remember the American Dream? The land of plenty, the land of opportunity, the land built by the blood, sweat, and tears of small businesses? That vision is fast disappearing in the rearview mirror.
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