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Stock Market Goes Decimal
Complicated fractions abandoned in favor of pennies by David Johnson Related Links Stock Market BasicsDow 101Most Active Stocks on the NYSETop Stocks by Market Value Dow Jones Industrial Average…Dow 101
Five Fundamental Facts About the Dow Jones Industrial Average The Index Is Not Truly Industrial Though its name would lead you to believe it is composed of only industrial companies, in fact the…Federal Budget Glossary
Concise definitions of federal budget related terms by Jennie Wood Related Links Business Basics QuizThe Public DebtNobel Prize for EconomicsLabor and Employment In 2013…meatpacking
(Encyclopedia) meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among…economic planning
(Encyclopedia) economic planning, control and direction of economic activity by a central public authority. In its modern usage, economic planning tends to be pitted against the laissez-faire…hotel
(Encyclopedia) hotel [Fr., from O.Fr. (origin of Eng. hostel), from Latin (origin of Eng. hospital),=guest place], name applied since the late 17th cent. to an establishment supplying both food and…balance of trade
(Encyclopedia) balance of trade, relation between the merchandise exports and imports of a country. The concept first became important in the 16th and 17th cent. with the growth of mercantilism.…Baldwin, James
(Encyclopedia) Baldwin, James, 1924–87, American author, b. New York City. He spent an impoverished boyhood in Harlem, became a Pentecostal preacher at 14, and left the church three years later. He…South Sea Bubble
(Encyclopedia) South Sea Bubble, popular name in England for the speculation in the South Sea Company, which failed disastrously in 1720. The company was formed in 1711 by Robert Harley, who needed…Galbraith, John Kenneth
(Encyclopedia) Galbraith, John KennethGalbraith, John Kennethgălˈbrāth [key], 1908–2006, American economist and public official, b. Ontario, Canada, grad. Univ. of Toronto (B.S., 1931), Univ. of…