A study of the U.S. economy is important to understanding U.S. politics, society, and culture. To make that study easier, this dictionary offers concise essays on more than 1,200 economics-related topics. Entries cover a broad array of pivotal information on historical events, legislation, economic terms, labor unions, inventions, interest groups, elections, court cases, economic policies and philosophies, economic institutions, and global processes. Economics-focused biographies and company profiles are featured as sidebars, and the work also includes both a chronology of major events in U.S. economic history and a selective bibliography.

Encompassing U.S. history since 1776 with an emphasis on recent decades, entries range from topics related to the early economic formation of the republic to those that explore economic aspects of information technology in the 21st century. The work is written to be clearly understood by upper-level high school students, but offers sufficient depth to appeal to undergraduates. In addition, the general public will be attracted by informative discussions of everything from clean energy to what keeps interest rates low.

Features

• Emphasizes an understanding of economics rather than of history that happens to touch on an economic event
• Opens with an overview that succinctly outlines U.S. economic history, preparing the reader to better understand and use the dictionary entries
• Provides comprehensive, integrated backgrounds on the most important innovations in U.S. economic history
• Gives readers a full picture of economic developments in the new economy by covering subjects such as the growth of Silicon Valley during the information revolution of the late 20th and early 21st centuries
• Ties people, places, and issues to innovations, helping students put technological change into a broader context