There are dramatic differences between the environmental policies of the United States and other countries, particularly developing nations. Any attempt to impose U. S. standards on these countries would ignore the survival issues they are facing, a...
Workers began gaining a degree of power in the 1930s when Congress passed legislation that guaranteed their right to bargain collectively and established a minimum wage. In the decades that followed American workers continued to strengthen their pos...
When the economy began to slow at the start of the new millennium, the Federal Reserve employed another policy used to control the economy, adjusting the federal funds rates. The Federal Reserve is an independent body appointed by the president with...
In 1998 revenues from taxes equaled expenditures and the United States had a balanced budget for the first time since 1969. Only a small portion of the federal budget is really discretionary. When the country is in a deficit rather than a surplus si...
Government maintained a hands-off policy toward business and the economy for much of its early history. But in the early part of the 20th century it became more involved, breaking up trusts and establishing the Federal Reserve as the central bank fo...
One of the most important changes in business and political world in the last few decades has been the growing sense that the market is best system for equitably distributing the benefits of society. Several industries like trucking, financial servi...
The United States experiences great economic prosperity between 1994-2000 in the fields of manufacturing and technology. A recession marks the beginning of the 21st century as the technology bubble burst causing the stock market to decline. With the...