Book Description

Covering figures, events, policies, and organizations, this comprehensive reference tool enhances readers' appreciation of the role economics has played in U.S. history since 1776. A study of the U.S. economy is important to understanding U.S. politics, society, and culture. To make that study easier, this dictionary offers concise essays on more than 1,200 economics-related topics. Entries cover a broad array of pivotal information on historical events, legislation, economic terms, labor unions, inventions, interest groups, elections, court cases, economic policies and philosophies, economic institutions, and global processes. Economics-focused biographies and company profiles are featured as sidebars, and the work also includes both a chronology of major events in U.S. economic history and a selective bibliography. Encompassing U.S. history since 1776 with an emphasis on recent decades, entries range from topics related to the early economic formation of the republic to those that explore economic aspects of information technology in the 21st century. The work is written to be clearly understood by upper-level high school students, but offers sufficient depth to appeal to undergraduates. In addition, the general public will be attracted by informative discussions of everything from clean energy to what keeps interest rates low.