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Showing posts with the label History

US Great Depression

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from the stock market crash of 1929 to 1939. The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed. Throughout the 1920s, the U.S. economy expanded rapidly, and the nation’s total wealth more than doubled between 1920 and 1929, a period dubbed “the Roaring Twenties.” The stock market, centered at the New York Stock Exchange on Wall Street in New York City, was the scen...

US Immigration History

Many immigrants came to America seeking greater economic opportunity, while some, such as the Pilgrims in the early 1600s, arrived in search of religious freedom. Immigration in the Colonial Era From its earliest days, America has been a nation of immigrants, starting with its original inhabitants, who crossed the land bridge connecting Asia and North America tens of thousands of years ago. By the 1500s, the first Europeans, led by the Spanish and French, had begun establishing settlements in what would become the United States. In 1607, the English founded their first permanent settlement in present-day America at Jamestown in the Virginia Colony. The United States Declaration of Independence is the statement adopted by the Second Continental Congress meeting at the Pennsylvania State House (now known as Independence Hall) in Philadelphia, Pennsylvania on July 4, 1776 . The Declaration announced that the Thirteen Colonies at war with the Kingdom of Great Britain would regard the...

Part 4: The Constitution of the United States

The Constitution: Amendments 11-27 Constitutional Amendments 1-10 make up what is known as The Bill of Rights. Amendments 11-27 are listed below. AMENDMENT XI Passed by Congress March 4, 1794. Ratified February 7, 1795. Note: Article III, section 2, of the Constitution was modified by amendment 11. The Judicial power of the United States shall not be construed to extend to any suit in law or equity, commenced or prosecuted against one of the United States by Citizens of another State, or by Citizens or Subjects of any Foreign State. AMENDMENT XII Passed by Congress December 9, 1803. Ratified June 15, 1804. Note: A portion of Article II, section 1 of the Constitution was superseded by the 12th amendment. The Electors shall meet in their respective states and vote by ballot for President and Vice-President, one of whom, at least, shall not be an inhabitant of the same state with themselves; they shall name in their ballots the person voted for as President, and in distinct...

Part 3: The Constitution of the United States

Articles Article I (Article 1 - Legislative) Section 1 All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives. Section 2 1: The House of Representatives shall be composed of Members chosen every second Year by the People of the several States, and the Electors in each State shall have the Qualifications requisite for Electors of the most numerous Branch of the State Legislature. 2: No Person shall be a Representative who shall not have attained to the Age of twenty-five Years, and been seven Years a Citizen of the United States, and who shall not, when elected, be an Inhabitant of that State in which he shall be chosen. 3: Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Ser...

Part 2: The Constitution of the United States

Amendments The First Amendment provides that Congress make no law respecting an establishment of religion or prohibiting its free exercise. It protects freedom of speech, the press, assembly, and the right to petition the Government for a redress of grievances. The Second Amendment gives citizens the right to bear arms. The Third Amendment prohibits the government from quartering troops in private homes, a major grievance during the American Revolution. The Fourth Amendment protects citizens from unreasonable search and seizure. The government may not conduct any searches without a warrant, and such warrants must be issued by a judge and based on probable cause. The Fifth Amendment provides that citizens not be subject to criminal prosecution and punishment without due process. Citizens may not be tried on the same set of facts twice, and are protected from self-incrimination (the right to remain silent). The amendment also establishes the power of eminent domain, ensur...

Part 1: The Constitution of the United States

(Preamble)   We the People of the United States, in Order to form a more perfect Union, establish Justice, ensure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. The Constitution of the United States of America is the supreme law of the United States. Empowered with the sovereign authority of the people by the framers and the consent of the legislatures of the states, it is the source of all government powers, and also provides important limitations on the government that protect the fundamental rights of United States citizens. Why a Constitution? The need for the Constitution grew out of problems with the Articles of Confederation, which established a “firm league of friendship” between the states and vested most power in a Congress of the Confederation. This power was, however, extremely limit...

European Union: A Re-look

The European Union is a unique economic and political union between 28 EU countries that together cover much of the continent. The predecessor of the EU was created in the aftermath of the Second World War. The first steps were to foster economic cooperation: the idea being that countries that trade with one another become economically interdependent and so more likely to avoid conflict. The result was the European Economic Community (EEC), created in 1958, and initially increasing economic cooperation between six countries: Belgium, Germany, France, Italy, Luxembourg and the Netherlands. Since then, 22 other members joined and a huge single market (also known as the 'internal' market) has been created and continues to develop towards its full potential. What began as a purely economic union has evolved into an organization spanning policy areas, from climate, environment and health to external relations and security, justice and migration. A name change from the Europ...

US Midterm Election 2018: Costliest Midterm Election in US History

From January 1, 2018, to October 31, 2018, the total fund raised by all the candidates in all type of election is $$4,769,634,886 ($4.7 Billion). It is one of the costliest election in US history. Cumulative amount raised by committees 01/01/2017 – 12/31/2017 01/01/2017 – 10/31/2018 01/01/2018 – 10/31/2018 Candidates $733,284,888 $2,140,059,434 $1,406,774,546 PACs $1,459,195,714 $4,036,180,698 $2,576,984,984 Party committees $610,521,502 $1,396,396,858 $785,875,356 All committees $2,803,002,104 $7,572,636,990 $4,769,634,886

Part 3: U.S. History & American History

Military History and Museums Military History The United States Armed Forces date back to 1775, when America needed a defense force to protect the original 13 colonies from a British invasion. Today, there are five branches: The United States Army is the oldest (established June 14, 1775) and largest of the five branches. Soldiers are responsible for performing land-based military operations. The United States Navy mainly operates from the waters (seas and oceans) providing protection both in the water and in the air. The modern-day United States Air Force is the youngest of the five branches (established September 18, 1947). Before the modern-day Air Force was created, it was an arm of the U.S. Army, dating back to 1907. Airmen are responsible for carrying out aerial military operations. The United States Marine Corps is the smallest of the four branches under the Department of Defense. Marines provide both land and sea ...

Part 2: U.S. History & American History

Declaration of Independence The Declaration of Independence is one of the most important documents in the history of the United States.  Fast Facts It took Thomas Jefferson 17 days to write the Declaration of Independence. On July 2, 1776, Congress voted to declare independence from Great Britain. On July 4, 1776, Congress voted to accept the Declaration of Independence, marking July 4 as Independence Day. U.S. Constitution The foundation of the American Government, its purpose, form, and structure, are in the Constitution of the United States. The Constitutional Convention adopted the Constitution on September 17, 1787.   The Bill of Rights is the first 10 amendments to the Constitution. It guarantees greater constitutional protection for individual liberties and lists specific prohibitions on government power. There are 27 Constitutional Amendments in all. The 27th Amendment, which was originally...

Part 1: U.S. History & American History

American History 1700-1799 The American Revolution (sometimes referred to as the American War of Independence or the Revolutionary War) was a conflict that lasted from 1775-1783 and allowed the original 13 colonies to remain independent from Great Britain. American politician and soldier George Washington became the first president of the United States in 1789, serving two terms. Beginning in Great Britain in the late 1790s, the Industrial Revolution eventually made its way to the United States and changed the focus of our economy and the way we manufacture products. 1800-1899 In 1803, President Thomas Jefferson agreed to the Louisiana Purchase, successfully adding 530 million acres of land to the United States. The area was purchased from France for $15 million. The following year, President Jefferson assigned Meriwether Lewis (who asked for help from William Clark) to head west and explore the newly purchased land. It took about a year and a half for the duo to reach ...

Country wise External Debt

Debt - external compares the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. RANK COUNTRY DEBT - EXTERNAL DATE OF INFORMATION 1 EUROPEAN UNION $29,270,000,000,000 31 DECEMBER 2016 EST. 2 UNITED STATES $17,910,000,000,000 31 MARCH 2016 EST. 3 UNITED KINGDOM $8,126,000,000,000 31 MARCH 2016 EST. 4 FRANCE $5,360,000,000,000 31 MARCH 2016 EST. 5 GERMANY $5,326,000,000,000 31 MARCH 2016 EST. 6 NETHERLANDS $4,063,000,000,000 31 DECEMBER 2016 EST. 7 LUXEMBOURG $3,781,000,000,000 31 MARCH 2016 EST. 8 JAPAN $3,240,000,000,000 31 MARCH 2016 EST. 9 IRELAND $2,470,000,000,000 31 MARCH 2016 EST. 10 ITALY $2,444,000,000,000 31 MARCH 2016 EST. 11 SPAIN $2,094,000,000,000 31 MARCH 2016 EST. 12 AUSTRALIA $1,670,000,000,000 31 DECEMBER 2017 EST. 13 SWITZERLAND $1,664,000,000,000 31 MARCH 2016 EST. 14 CANADA $1,608,000,000,000 31 MARCH 2016 EST. 15 CHINA $1,607,000,000,000 31 DECEMBER 2...