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economic Development

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Alexander Hamilton

Alexander Hamilton  

(c. 1757–1804)US Federalist politician. He served under George Washington as First Secretary of the Treasury (1789–95) and established the US central banking system. Hamilton was a prime mover behind ...
Bank of the United States

Bank of the United States  

Between 1791 and 1811 and again from 1816 to 1836, the U.S. government created and operated a national bank that by most historical assessments met the nation's financial needs effectively. But the ...
banking

banking  

A system of trading in money which involved safeguarding deposits and making funds available for borrowers, banking developed in the Middle Ages in response to the growing need for credit in ...
banking and finance

banking and finance  

Encouraged by Alexander Hamilton, Robert Morris persuaded the Continental Congress to charter the Bank of North America in 1781. It lent money to the cash-strapped Revolutionary government as well as ...
big push

big push  

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Overview Page
A doctrine in development economics according to which the development of a poor country occurs on the basis of a synchronized expansion in many sectors. In normative terms, it implies that the ...
Blueprint for Survival

Blueprint for Survival  

A book published by The Ecologist in 1971 as a manifesto for radical changes in lifestyle and patterns of economic development, which had a significant impact on attitudes towards the environment, ...
business cycle

business cycle  

Observed changes to economic conditions which move from prosperity through recession to depression and hence back to recovery and further prosperity. Also known as the economic cycle. See, for ...
Charles River Bridge v. Warren Bridge

Charles River Bridge v. Warren Bridge  

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Overview Page
Subject:
Law
• 11 Pet. 420 (1837)• Vote: 4–3• For the Court: Taney• Dissenting: McLean, Story, and ThompsonIn 1828, the state government of Massachusetts granted a charter, or permit, for construction of ...
Colonialism

Colonialism  

[CP]A general term referring to the period c.ad 550–900 in North America, being one of the five main cultural‐historical stages defined for the archaeology of southwestern parts of the USA. ...
corporatism

corporatism  

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A concept of a political economic system in which economic decisions are achieved through negotiation between centralized corporate bodies representing interest groups. In particular, under ...
debt crisis

debt crisis  

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Inability or unwillingness of major debtors to service their debts, or serious fears of this. A debt crisis occurs if major debtors are unable or unwilling to pay the interest and redemption payments ...
Department of Finance

Department of Finance  

Generally regarded as the most important department within the Irish government service. This primacy was first established under Dáil Éireann during the years 1919–21, when Michael Collins served as ...
ecological modernization

ecological modernization  

The belief that economic development and environmental protection are compatible, that industrial economies can be reconciled with nature by means of markets, politics, and cultures, and that a ...
Economic Convergence and Divergence

Economic Convergence and Divergence  

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Overview Page
Over time economies grow and slow. The analysis of growth differentials can lead to insightful patterns of convergence and divergence of levels of economic performance between regions and countries. ...
economic growth

economic growth  

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Overview Page
The expansion of the output of an economy, usually expressed in terms of the increase of national income. Nations experience different rates of economic growth mainly because of differences in ...
economic Imperialism

economic Imperialism  

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Overview Page
Domination of the economies of colonies by their rulers, or of politically independent countries by foreign or multinational companies.
economics

economics  

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Overview Page
Subject:
Religion
The study of the production, distribution, and consumption of resources, and the management of state income and expenditure. See also classical economics, ecological economics, environmental ...
Expansionism

Expansionism  

Expansionism—the desire of nations and empires to annex lands, peoples, or resources belonging to others—is a peculiar characteristic of a world order where boundaries are subject to the ambitions of ...
factory system

factory system  

The ‘factory system’ has been an important element in the accelerating processes of industrialization known as the industrial revolution. As British industrial enterprises expanded in the 18th cent., ...
foreign aid

foreign aid  

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Overview Page
The transfer of state resources through loans, grants, or provision of goods, from more to less developed countries, for development or emergency relief purposes. This can be done on a bilateral ...

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