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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.
The United States federal government shut down at midnight EST on Saturday, January 20, 2018, until the evening of Monday, January 22. It began after a failure to pass legislation to fund government operations and agencies. This stemmed from disputes over the extension of status of persons affected by the Deferred Action for Childhood Arrivals ...
The Uniform Time Act of 1966 established a uniform set of rules for states opting to observe daylight saving time. [ 1] In the U.S., daylight saving time starts on the second Sunday in March and ends on the first Sunday in November, with the time changes taking place at 2:00 a.m. local time. With a mnemonic word play referring to seasons ...
In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to households and financial institutions ...
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [ 1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...
Gap years and similar sabbatical experiences are popular around the world (as can be evidenced below per country), but are just beginning to become more popular in the United States. Studies conducted by American colleges are showing that the average GPA for students who have taken a gap year is significantly higher than the average GPA for ...
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