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This recession was one of the main causes of the American Civil War, which would begin in 1861 and end in 1865. This is the earliest recession to which the NBER assigns specific months (rather than years) for the peak and trough. [ 6][ 8][ 21] 1860–1861 recession. October 1860 – June 1861. 8 months.
Retrieved 31 July 2012. ^ "Game of the Year 2011: Giant Bomb's Top 10". Giant Bomb. 30 December 2011. Archived from the original on 30 July 2012. Retrieved 31 July 2012. ^ "Giant Bomb's 2015 Game of the Year Awards: Day Five Text Recap". Giant Bomb. 1 January 2016. Archived from the original on 22 January 2016.
Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was lowered from $5,000,000 ...
Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate’s study of the best states to retire in 2024. To compile its list of the best and worst ...
Ohio U.S. Senator J.D. Vance, Donald Trump's new running mate, has embraced trade barriers, isolationism and social conservatism, issues that have proven popular with much of Trump's mostly white ...
The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism, [1] [2] was a broad period of worldwide economic expansion beginning with the aftermath of World War II and ending with the 1973–1975 recession. [1] The United States, the Soviet Union and Western European and East Asian ...
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States between the Union [ e] ("the North") and the Confederacy ("the South"), which was formed in 1861 by states that had seceded from the Union. The central conflict leading to war was a dispute over whether slavery should be ...
Under one game theory approach, rationalist theories posit all actors can bargain, would be better off if war did not occur, and likewise seek to understand why war nonetheless reoccurs. Under another rationalist game theory without bargaining, the peace war game, optimal strategies can still be found that depend upon number of iterations played.
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