Overview

Covering events such as banking crises, economic bubbles, natural disasters, trade embargoes, and depressions, this single-volume encyclopedia of major U.S. financial downturns provides readers with an event-driven understanding of the evolution of the American economy. The United States has fairly recently experienced the worst economic downturn since the Great Depression. But crippling financial crises are hardly unusual: economic emergencies have occurred throughout American history and can be seen as a cyclical and ""normal"" (if undesirable) aspect of an economic system. This encyclopedia supplies objective, accessible, and interesting entries on 100 major U.S. financial crises from the Colonial era to today that have had tremendous domestic impact—and in many cases, global impact as well. The entries explore the history and impact of major economic events, including banking crises, economic shortages, recessions, national strikes and labor upheavals, natural resource shortages, panics, real estate bubbles, social upheavals, and the collapse of specific American industries such as rubber and steel production. Students will find this book an essential ready-reference on key events in American economic history that documents how and why these events led to significant financial and economic problems throughout the United States and around the globe.

Full Product Details

Author:   Quentin R. Skrabec Jr.
Publisher:   Bloomsbury Publishing Plc
Imprint:   Greenwood Press
Dimensions:   Width: 17.80cm , Height: 2.60cm , Length: 25.40cm
Weight:   0.907kg
ISBN:  

9781440830112

ISBN 10:   1440830118
Pages:   360
Publication Date:   09 December 2014
Recommended Age:   From 7 to 17 years
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Preface xiii Acknowledgments Introduction 1676—Bacon's Rebellion 1703—Tobacco Depression 1719—Mississippi Bubble 1733—Molasses Act 1749—Colonial Hyperinflation and Currency Deflation 1750—Iron Act 1762—Colonial Recession 1764–1765—Sugar Act, Currency Act, and Stamp Act Boycotts 1772—Credit Crisis 1776—War Financing Crisis 1781—Currency Deflation and Inflation 1790—Debt Assumption, Debt Retirement, and Expanding the Economy 1792—Panic 1794—Whiskey Tax Rebellion 1796–1797—Panic 1800—Trade Interference by Barbary Coast Pirates 1807—Economic Embargo and Depression 1812—War of 1812 1816–1819—Economic Warfare and Dumping by Great Britain 1819—Panic 1820s—Cotton Recession 1825—British Panic and Its American Impact 1828—Tariff of Abominations 1833—Andrew Jackson Closes the Bank of the United States and Lowers Tariffs 1837—Panic and Six-Year Depression 1847—Panic 1848—Gold Rush Boom and Bust 1850—Whale Oil Shortage: The First Energy Crisis 1854—Panic 1854—Decline of American Canals 1857—Panic 1861—Civil War Economics, Shortages, and Inflation 1862—Union Blockade and Inflation 1869—Grant's Recession 1873—Panic and Global Depression 1877—Great National Railroad Strike 1880s—New England Energy Crisis 1882—Bessemer Process and the Labor Crisis 1882—Recession 1884—Panic 1890—British Panic 1893—Panic 1894—National Labor Unrest 1896—Gold Crisis 1899—Ohio Gas Industry Collapse 1901—Rich Man's Panic 1902—National Anthracite Coal Strike 1907—Panic 1910—Rubber Shortage and Price Explosion 1914–1918—War Shortages 1914—Crisis 1917—Boll Weevil Cotton Crisis 1918—Flu Pandemic 1919—National Steel Strike 1921—Automotive Recession 1921—British Rubber Embargo and Monopoly Control 1922—Peanut Import Crisis 1929—Wall Street Crash and Great Depression 1930s—Agricultural Depression and the Dust Bowl 1936–1939—Labor Uprisings 1937–1938—Recession 1940s—World War II Rationing and Shortages 1941—Rubber Crisis and Shortage 1943—Steel, Metal, and Alloy Shortage Crisis 1947—Economic Restructuring of America: Taft-Hartley Act 1947—Mont Pelerin: A Crisis in Economic Thought and Academia 1959—National Steel Strike 1965—Auto Import Challenge and the Fall of the American Auto Industry 1969—Technological Tire Crisis: Radial Tire Production Ends U.S. Rubber Dominance 1971—Wage and Price Controls 1973—Arab Oil Embargo Crisis 1974—Double-Digit Inflation 1975—Rapid Deindustrialization 1977—Natural Gas Shortage Crisis 1979—Nuclear Energy Crisis: Three Mile Island 1979—First Chrysler Bankruptcy 1980s—The Rust Belt 1981—Air Traffic Controllers' Strike 1982—Collapse of the Steel Industry 1982—Recession 1986—Savings and Loan Crisis 1987—Black Monday 1992—Hurricane Andrew 1992–1994—North American Free Trade Agreement 1994—Mexican Peso Crisis 1996—Decline of Southern Textile and Furniture Industries 1997—Asian Financial Crisis 1998—Russian Financial Crisis 2000—The Y2K Crisis 2000—Dot.Com Bubble 2001—September 11 Terrorist Attack and Recession 2005—Hurricane Katrina 2008—Banking and Subprime Mortgage Crisis 2009—Great Recession 2009—General Motors Bankruptcy 2010—Gulf Oil Spill 2012—European Sovereign Debt Crisis: U.S. Exports and Banking Impacts 2012—San Bernardino, California, Bankruptcy 2012—Hurricane Sandy 2013—Detroit Bankruptcy Appendix: Primary Documents 1676—Bacon's Declaration in the Name of the People Ca. 1750–Petition to Parliament on Repeal of the Iron Prohibition Act of 1750 1764—Boston Merchants' Appeals to Repeal the Sugar Act 1790—Hamilton's Report on Manufactures 1807—Embargo Act 1819—Transcript of McCulloch v. Maryland 1828—South Carolina's Exposition and Protest Against the Tariff of 1828 by John C. Calhoun (Anonymously) 1893—President Cleveland's Address on the Repeal of the Sherman Silver Act 1913—Federal Reserve Act Article One 1947—Outline of 29 U.S.C. 186 (Taft-Hartley Act Sec. 302) 1948—Article I of GATT Treaty 1971—Nixon's Address to the Nation Announcing Price Control Measures 1993—NAFTA Partial Text Bibliography Index

Reviews

[U]seful for students to be able to readily compare the events that precipitated major financial disasters... The work does deliver cogent, succinct descriptions of the financial events that ensue in the wake of institutional and structural corruption or ineptitude throughout American history. - Reference Reviews

Author Information

Quentin R. Skrabec Jr., PhD, is professor of business at the University of Findlay, Findlay, OH.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions