(Encyclopedia) Enron Corporation, U.S. company that in 2001 became the largest bankruptcy and stock collapse in U.S. history up to that time. The company was formed in 1985 when InterNorth purchased…
(Encyclopedia) Great Depression, in U.S. history, the severe economic crisis generally considered to have been precipitated by the U.S. stock-market crash of 1929. Although it shared the basic…
How Do Currency Exchanges Work?
The Global Market and Developing Nations: What Does the Future Hold?
The Global Market and Developing Nations: The World's Economies
The Global…
(Encyclopedia) Open Door, maintenance in a certain territory of equal commercial and industrial rights for the nationals of all countries. As a specific policy, it was first advanced by the United…
(Encyclopedia) bin Laden, Osama or Usamabin Laden, Osama or Usamaōsäˈmə bĭn lädˈən, ŭsäˈmə [key], 1957?–2011, Saudi-born leader of Al Qaeda, a terrorist organization devoted to uniting all Muslims…
(Encyclopedia) depression, in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous…
(Encyclopedia) credit card, device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil…
(Encyclopedia) Gladstone, William Ewart, 1809–98, British statesman, the dominant personality of the Liberal party from 1868 until 1894. A great orator and a master of finance, he was deeply…
