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3
votes
2answers
247 views

The history of rivalry between US and Britain in late 19th Century and early 20th Century [closed]

I have read the references from Wikipedia. But they were mostly talking about the American oversea trade in the Europe market. But I am more interested in Britain's reactions to the challenge posed by ...
4
votes
2answers
303 views

Why was agriculture more conducive to slavery in U.S. South than the North?

The most common explanation I hear for why there was more slavery in the South than the North in is that farming was more profitable in the South due to climate, soil quality etc. and the North had ...
0
votes
0answers
83 views

How much would it cost to bribe a prison warden in New England in the year 1800?

The value of money from one decade to another is a very confusing topic - in my opinion, anyway. For instance, something called the CPI Inflation Calculator states that $1 in 1800 was the equivalent ...
2
votes
1answer
148 views

For U.S. history 1800-1830, what was GDP by sector and industry?

The U.S. Census Bureau's Historical Statistics of the United States does not appear to break GDP down. I'm aware that the terminology is imprecise: GDP is a modern term, but is much shorter than the ...
13
votes
3answers
875 views

What factors led to much higher US war bond sales and participation rates in WWII over that of WWI?

Sample US WWI Liberty Bond poster (left) and WWII War Bond poster (right). Source: Wikipedia Financing World Wars I & II in the United States In reviewing the United States efforts to finance ...
5
votes
1answer
2k views

What was the effect of the Civil War on the cost of cotton?

If you look at contemporary sources discussing slavery as practiced in the antebellum American South, a couple recurring themes pop up again and again: Cotton. Cotton farming requires large amounts ...
12
votes
2answers
437 views

When has the U.S. refused to pay its debts?

In the late 1700s the U.S. refused to pay a large debt to France for money loaned during the American Revolution. (In this instance Congress decided. I do not know if the President had the ability ...
10
votes
1answer
641 views

What percent of the US Federal Budget was spent on WW2?

From 1941 Dec 7 to 1945 May 8, what percent of the US Federal Budget was spent on the war? I would like to compare this to today's military spending, which according to this paragraph in wikipedia, is ...
37
votes
2answers
5k views

How did the American Civil War help the U.S economy recover from the Panic of 1857 given that civil wars are extremely destructive?

From the Wikipedia article on the Panic of 1857: Beginning in September 1857, the financial downturn did not last long; however, a proper recovery was not seen until the American Civil War. ...
6
votes
3answers
534 views

Did the U.S economy flourish after national debt was eliminated by President Andrew Jackson in 1835?

President Andrew Jackson totally eliminated U.S national debt in 1835. Did the U.S economy boom in the aftermath of debt elimination as a result of not being shackled by debt? Was it good economic ...
6
votes
2answers
4k views

How did life change for the average American as a result of the end of World War 1?

Every year, the Daughters of the American Revolution host an essay contest concerning American History. I'll disclose that I'm not a student seeking internet help with the essay, but rather just ...
3
votes
2answers
573 views

Why did the United States want to “make Europe prosperous once more” with the Marshall Plan? [closed]

Was it purely a matter of self-interest, or were there wider economic (or other) reasons that made the United States feel that it had to "make Europe prosperous once more" with the Marshall Plan?
2
votes
2answers
2k views

“America is the richest country in the history of the world” — Would a historian consider this true? [closed]

Bernie Sanders recently described the United States as "the richest country in the history of the world," to make a point about income inequality. I understand that this was meant as a rhetorical ...
1
vote
1answer
163 views

What was the most important change that took place in American society as a result of the New Deal?

I'm having trouble identifying a singular, most important factor of the New Deal that changed American Society. I'm leaning toward saying that the creation of the PWA was the most important factor ...
5
votes
2answers
635 views

What does it mean that Hamilton “made American credit competitive”?

With the Hamilton (a musical by Lin-Manuel Miranda about Alexander Hamilton's life) craze going around, I've heard a few of the songs. While they are typically very easy to understand, one lyric I ...
6
votes
3answers
6k views

How much did a telephone call cost in the USA around 1920?

I am looking for data on historic telephone call prices in the US between 1920 and 1930. What did it cost to make a call? I know that, back then different rates were charged based on the distance of ...
6
votes
1answer
169 views

At the peak of the American whaling industry, what share of the workforce were involved in it?

I have a vague recollection of reading that at its peak, the whaling industry employed an eye-catching proportion of the total American workforce but I can't find the source I originally read. The ...
10
votes
1answer
313 views

How did the Supreme Court case Lochner vs. New York influence the U.S. economy?

In 1905, the U.S. Supreme Court ruled that laws limiting the number of hours bakers could work was a violation of the Fourteenth Amendment. After this, there was a time when a series of labor laws ...
5
votes
1answer
719 views

Did the US government ever burn corn?

I remember hearing and/or reading that the US government burned corn (or destroyed it) at some point. This was not because there was anything wrong with the corn, but rather because by buying it they ...
1
vote
1answer
918 views

Did Napoleon Hill really have a friendship with Andrew Carnegie?

In many of his books, the positivity guru and author of Think and Grow Rich, said he was an understudy of Andrew Carnegie in which he learned his principles of business and wrote about them in his ...
2
votes
2answers
791 views

Why were the some “New Deal” programs cancelled in the beginning of WWII?

I was reading a textbook on U.S and the time period of WWII. I have read that the New Deal programs like Works Progress Administration, Civilian Conservation Corps, National Youth Administration. The ...
13
votes
5answers
3k views

Why was slavery profitable in the Southern colonies and not New England?

Why didn't Colonists in New England import massive numbers of Slaves?
19
votes
2answers
20k views

Where did Japan get their oil during WWII?

To my understanding the United States was the largest exporter of oil to the Japanese prior to Pearl Harbor. The Japanese islands aren't known for their oil fields. It's also believed that the attacks ...
3
votes
2answers
1k views

Why was a gold standard not stipulated in the U.S. Constitution? [closed]

It is a known fact that some of the founding fathers wanted to limit the power of the federal government. I have heard it said on the History Channel that one of the ways they did this was by ...
8
votes
3answers
1k views

Did the increase of slavery in the US bring an end to indentured servitude?

In the development of the New World, indentured servitude was quite common for passage across the Atlantic. Did the increase in slavery in America, especially in Virginia and other similar ...
6
votes
3answers
7k views

Was the Stock Market Crash of 1929 a cause or result of the Great Depression?

Did the Stock Market Crash of 1929 effectively cause the Great Depression, or were there economic factors already in place at that time such that the Greet Depression would have happened anyway, and ...
1
vote
1answer
1k views

How did Asian Americans manage to become richer than an average American? [closed]

By "richer" I mean higher median income. Large-scale immigration of Asians to the United States began in the 19th century. In the beginning, most of them were poorer than an average American. ...
3
votes
3answers
800 views

When did the majority of Americans stop living on farms? [closed]

I know defining a farm is tricky. I will, of course, take any definition available. If I could pick, I would say that if there is one person working full-time outside of a household, that household is ...
34
votes
5answers
5k views

Was slavery really on the way out in the antebellum USA?

Gail Jarvis, in an encomium to the Dunning School writes: William A. Dunning fervently opposed slavery but his reading of the trends of the times led him to the conclusion that the institution ...
6
votes
3answers
5k views

What is the current U.S. monetary standard? [closed]

Despite my greatest efforts, I could not find any information about what standard the U.S. is using at this time. Apparently, we used to be on a gold standard. What about now? Do we even have a ...
14
votes
2answers
2k views

Were US exports in the early 1800s paid for with metal or with paper?

In the early 1800s, when people in the US exported goods to Europe, how were those goods paid for? What did the buyers actually send back on ships crossing the Atlantic to pay for the goods? I can ...
10
votes
2answers
2k views

What was the effect of the Panic of 1837 on financial/banking policy?

Were there any direct or immediate financial/banking policies made because of this recession? I've read that a combination of factors helped get America out of the Panic, but it never mentioned a ...
5
votes
3answers
829 views

Was there really a labor shortage in the USA until 1970?

After watching several video lectures made by Richard D. Wolff I noticed he frequently draws historical events as evidence to base his arguments on. One thing he mentions frequently (in several videos)...
4
votes
1answer
590 views

How were FDR's economic policies as Governor of New York contradictory?

I have read in a number of Roosevelt's biographies that as Governor of New York, Roosevelt was not so aware of how economics works. He recognized that radical change was needed to respond to the Great ...
6
votes
3answers
3k views

What were the factors that led to stagflation in the United States during the 1970s?

Economics teaches that faster economic growth leads to higher inflation and slower economic growth leads to lower inflation. In the 1970s, United States suffered high inflation and slow economic ...
2
votes
2answers
812 views

What were the reasons for the Federal Art Project?

From August 29, 1935, until June 30, 1943 United States promote what they called Federal Art Project. Reputed to have created more than 200,000 separate works, FAP artists created posters, murals ...
4
votes
5answers
1k views

Does History confirm that prosperity, capitalism, and some form “democracy” or representative republican form of government always go hand in hand?

Many historians, politicians and economists find a link between the economic success of a nation and its form of government. For example, the idea that the USA's form of government was responsible ...
5
votes
1answer
697 views

During World War II, in the U.S., were diapers available?

As is well known, during World War II many consumer goods became difficult to find and with regard to the situation in the United States, after some searches, I observed that, among others: U.S. ...
5
votes
1answer
2k views

Did the Great Society programs ameliorate poverty or exacerbate it?

Once time ago Martin Luther King Jr., in his "I Have a Dream" speech, said: We must honestly face the fact that the movement must address itself to the question of restructuring the whole of ...
9
votes
2answers
2k views

Did Roosevelt's New Deal lift the U.S. out of the depression or did it actually prolong the Depression and cripple American capitalism? [closed]

While the New Deal did much to lessen the worst affects of the Great Depression, its measures were not sweeping enough to restore the nation to full employment. Critics of FDR's policies, on both ...
7
votes
3answers
632 views

During 1790-1800, was it legal to pay workers using whiskey?

As is well known, in frontier regions whiskey was regarded as an indispensable necessity to life, health and happiness, at the point that it usually had to substute for specie as a medium of exchange: ...
1
vote
8answers
9k views

What factors contributed to the U.S economy flourishing during the early cold war period?

Wars, cold or otherwise, are bad for economies, right? So why did the American economy flourish during the early Cold War period (shortly after World War II)? I think there are several positive ...
11
votes
3answers
3k views

How much has U.S. currency inflated since 1792?

How much has U.S. currency inflated since the Coinage Act of 1792 established the U.S. Mint? Adjusting for inflation, what amount of modern currency would have the same buying power as a 1792 dollar? ...
5
votes
5answers
4k views

Why is the USA the world's strongest country? [closed]

The USA has been the world's strongest country for a long time now. Even after the rise of China as one of the dominant economies in the world, the USA is still the world's top economy. Does the USA ...
14
votes
3answers
3k views

Gold Confiscation Act of 1933

On March 9, 1933 Franklin D. Roosevelt (FDR) called Congress in for an emergency session, which would result in the speedy passing of the Gold Confiscation Act. According to FDR's Executive Order (...
4
votes
3answers
1k views

Based on historical experience what would happen if/when the USA/EU fell? [closed]

In this video the guy talking mentions that when empires fall. Governance tends to become more local and smallscale(warlords, feudal lords etc) because threats tend to become smallscale and local. And ...
6
votes
2answers
397 views

What were the first “Big Banks” in the United States?

The large financial institutions of the world have dominated the news cycle for the past few years, and it got me thinking, what were the first large banks in the US? I am interested in hearing about ...