The minimum wage was enacted in the United States in 1938 as part of theFair Labor Standards Act(FLSA). The first minimum wage was 25 cents an hour. The current U.S. minimum wage is $7.25 per hour. However, some states and cities have set minimum wage rates that are higher than the...
Question: What was the average salary in 1930? The 1930's: The 1930's was a very gloomy time for almost every country's economy. The Great Depression, which lasted from 1929 to 1939, caused worldwide poverty. In the U.S. alone, unemployment reached 25 per cent and other countries suff...
minimum wage. Another eight million Americans were unemployed” (The 1940’s 1). This shows that the United States was in poverty before the attack on Pearl Harbor. They could not get out of poverty until World War II was over. The events that happened in the 1940’s put the United ...
several myths of “the Seventies” are gaining traction, or if the audience was just young enough that the Seventies mean little to them, or if we’re at a point where the changes in geopolitical context since “the Seventies” are so glaring as to render such a reference to them absurd...
In the 1939 classic Western " Stagecoach ", a villainous banker with a bag of embezzled cash in his lap frets about the state of the American economy: "Our national debt is something shocking!" he complains. That year American public debt was just over two-fifths of GDP. This year, the...
When Charles IV, King of France, died in 1328, the King of England Edward III held claim to the throne because his mother was the sister of Charles IV and because Charles IV had no sons. Another claimant (要求权利的人) Philip VI, the head of the Valois House (瓦罗亚王室),gained the...
Recast and back in stock: good ol’ Collection No. 1, that favorite box of ten different sets of 36pt decorative corners. As the ordinal implies, this was the very first Collection that Skyline ever cast for sale, back in our nascent days twenty years ago. These are wonderfully versatile...
Throughout human history, extraordinary events have often given rise to extraordinary leadership. In the mid twentieth century, this phenomenon was best demonstrated by two unique individuals who rose to international prominence during times of exceptional crisis. Specifically, Winston Churchill’s staunch...
The letter was written in 1939 by Buffett’s grandfather Ernest, to his youngest son (and Buffett’s uncle) Fred, and his wife. It reads (with idiosyncratic grammar) as follows: Dear Fred & Catherine, Over a period of a good many years I have known a great many people who at some ...
was cleared, the Occupy movement is credited with making income inequality an issue that presidential candidates and lawmakers can no longer afford to avoid. One of Occupy’s largely unrecognized victories is the momentum it has built for a progressively higherfederal minimum wagein the United ...