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A term for hard coin, such as gold or silver, that can also back and give a fixed point of valuation to paper currencies.
Industry:History
An organization founded in 1867 to aid farmers through its local granges, it was responsible for state laws regulating railroads, established cooperatives to help with marketing problems, and provided a social outlet for rural areas.
Industry:History
The federal government's plan to revive industry during the Great Depression through rational planning.
Industry:History
Law that restricted immigration to 2 percent for any given nationality, based on the total amounts from the 1890 census. Use of the 1890 census effectively restricted immigrants from eastern and southern Europe.
Industry:History
A reform faction of the Republican party in the 1870s and 1880s, they crusaded for honest and effective government and some supported Democratic reform candidates.
Industry:History
Also called "dynamic conservatism," President Eisenhower's domestic agenda advocated conservative spending approaches without drastically cutting back New Deal social programs.
Industry:History
A law passed after the South's refusal to accept the Fourteenth Amendment in 1867, it nullified existing state governments and divided the South into five military districts headed by military governors.
Industry:History
An economic system built on the assumption that the world's supply of wealth is fixed and that nations must export more goods than they import to assure a steady supply of gold and silver into national coffers. Mercantile thinkers saw the inflow of such wealth as the key to maintaining and enhancing national power and self sufficiency. Within this context, the accumulation and development of colonies was of great importance, since colonies could supply scarce raw materials to parent nations and serve as markets for finished goods.
Industry:History
A massive foreign aid program to Western Europe of $17 billion over four years, beginning in 1948. Named after Secretary of State George Marshall, the program restored economic prosperity to the region and stabilized its system of democracy and capitalism.
Industry:History