My electric bill, using air conditioning at night and during the day if needed, runs about $50 per month during the summer. In the U.S., I’d be spending nearly $200 per month for similar usage. Fiber-optic internet costs about $10 per month in Vietnam, and a monthly prepaid plan...
actions taken by the Federal Reserve and Treasury caused a rise in interest rates, leading to general pessimism towards the American economy. This brought upon a decrease in aggregate demand (the total demand for goods and services within the economy) and set in motion a three-quarter...
Roosevelt took office in 1933, the economic state of the country seemed hopeful: Americans were beginning to emerge from the financial wreckage of the Great Depression, and unemployment rates dropped more than 10% in just a few years. In 1937, the nation was hit by yet another period of ...