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Economic Stabilization Agency
The Economic Stabilization Agency (ESA) was an Government agency, agency of the United States Government that existed from 1950 to 1953. The creation of the ESA was authorized by the Defense Production Act (, 64 Stat. 798), which was signed into law by President of the United States Harry S. Truman on September 8, 1950. The Defense Production Act was passed in response to the start of the Korean War and authorized the President to control the civilian economy so that scarce and/or critical materials necessary to the national defense effort are available for defense needs."The Defense Production Act: Choice as to Allocations," ''Columbia Law Review,'' March 1951; Lockwood, ''Defense Production Act: Purpose and Scope,'' June 22, 2001. On September 9, 1950, President Truman signed the Executive order (United States), Executive Order 10161, thus creating the ESA. The ESA was responsible for imposing price ceilings and wage controls on the United States economy. In this capacity, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Office Of The President
The Executive Office of the President of the United States (EOP) comprises the offices and agencies that support the work of the president at the center of the executive branch of the United States federal government. The office consists of several offices and agencies, such as the White House Office (the staff working closest with the president, including West Wing staff), the National Security Council, Homeland Security Council, Office of Management and Budget, Council of Economic Advisers, and others. The Eisenhower Executive Office Building houses most staff. The office is also referred to as a "permanent government", since many policy programs, and the people who are charged with implementing them, continue between presidential administrations. The civil servants who work in the Executive Office of the President are regarded as nonpartisan and politically neutral, so they are capable of providing objective and impartial advice. With the increase in technological ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Enforcement Commission
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wage Controls
Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free-market level. Incomes policies have often been resorted to during wartime. During the French Revolution, " The Law of the Maximum" imposed price controls (by penalty of death) in an unsuccessful attempt to curb inflation, and such measures were also attempted after World War II. Peacetime income policies were resorted to in the U.S. in August 1971 as a response to inflation. The wage and price controls were effective initially but were made less restrictive in January 1973, and later removed when they seemed to be having no effect on curbing inflation. Incomes policies were successful in the United Kingdom during World War II but less successful in the post-war era. Theory Incomes policies vary from voluntary wage and price guidelines to mandatory controls like price/wage freezes. One vari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Ceilings
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive. Such conditions can occur during periods of high inflation, in the event of an investment bubble, or in the event of monopoly ownership of a product, all of which can cause problems if imposed for a long period without controlled rationing, leading to shortages. Further problems can occur if a government sets unrealistic price ceilings, causing business failures, stock crashes, or even economic crises. On the other hand, price ceilings give a government to the power to prevent corporations from price gouging or otherwise setting prices that create negative outcomes for the government's society. While price ceilings are often imposed by governments, there are also price ceilings that are implemented by non-governmental o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order (United States)
In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of the United States Constitution gives presidents broad executive and enforcement authority to use their discretion to determine how to enforce the law or to otherwise manage the resources and staff of the federal government's executive branch. The delegation of discretionary power to make such orders is required to be supported by either an expressed or implied congressional law, or the constitution itself.John Contrubis, '' Executive Orders and Proclamations'', CRS Report for Congress #95-722A, March 9, 1999, Pp. 1-2 The vast majority of executive orders are proposed by federal agencies before being issued by the president. Like both legislative statutes and the regulations promulgated by government agencies, executive orders are subjec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korean War
The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies. North Korea was supported by China and the Soviet Union, while South Korea was supported by the United Nations Command (UNC) led by the United States. The conflict was one of the first major proxy wars of the Cold War. Fighting ended in 1953 with an armistice but no peace treaty, leading to the ongoing Korean conflict. After the end of World War II in 1945, Korea, which had been a Korea under Japanese rule, Japanese colony for 35 years, was Division of Korea, divided by the Soviet Union and the United States into two occupation zones at the 38th parallel north, 38th parallel, with plans for a future independent state. Due to political disagreements and influence from their backers, the zones formed their governments in 1948. North Korea was led by Kim Il S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry S
Harry may refer to: Television *Harry (American TV series), ''Harry'' (American TV series), 1987 comedy series starring Alan Arkin *Harry (British TV series), ''Harry'' (British TV series), 1993 BBC drama that ran for two seasons *Harry (New Zealand TV series), ''Harry'' (New Zealand TV series), 2013 crime drama starring Oscar Kightley#Professional career, Oscar Kightley *Harry (talk show), ''Harry'' (talk show), 2016 American daytime talk show hosted by Harry Connick Jr. People and fictional characters *Harry (given name), a list of people and fictional characters with the given name, including **Prince Harry, Duke of Sussex (born 1984) *Harry (surname), a list of people with the surname Other uses *"Harry", the tunnel used in the Stalag Luft III escape ("The Great Escape") of World War II *Harry (album), ''Harry'' (album), a 1969 album by Harry Nilsson *Harry (derogatory term), derogatory term used in Norway *Harry (newspaper), ''Harry'' (newspaper), an underground newspaper in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defense Production Act
The Defense Production Act (DPA) of 1950 () is a United States federal law enacted on September 8, 1950, in response to the start of the Korean War.Congressional Research ServiceThe Defense Production Act of 1950: History, Authorities, and Considerations for Congress, updated November 20, 2018, accessed January 17, 2019 fas.org It was part of a broad civil defense and war mobilization effort in the context of the Cold War. Its implementing regulations, the Defense Priorities and Allocation System (DPAS), are located at 15 CFR §§700 to 700.93. Since 1950, the act has been reauthorized over 50 times. It has been periodically amended and remains in force. Amendments The Defense Production Act (DPA) has undergone several amendments since it was first passed in 1950. These amendments have entailed alterations to its definition of "national defense." Four of the major amendments are described below: # In 1970, the existing definition of "national defense" was amended to inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Government
The Federal Government of the United States of America (U.S. federal government or U.S. government) is the Federation#Federal governments, national government of the United States. The U.S. federal government is composed of three distinct branches: United States Congress, legislative, President of the United States, executive, and Federal judiciary of the United States, judicial. Powers of these three branches are defined and vested by the Constitution of the United States, U.S. Constitution, which has been in continuous effect since May 4, 1789. The powers and duties of these branches are further defined by Act of Congress, Acts of Congress, including the creation of United States federal executive departments, executive departments and courts subordinate to the Supreme Court of the United States, U.S. Supreme Court. In the Federalism in the United States, federal division of power, the federal government shares sovereignty with each of the 50 states in their respective t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agency
A government agency or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government (bureaucracy) that is responsible for the oversight and administration of specific functions, such as an Administration (government), administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or Ministry (government department), ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role — this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, indep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railroad And Airline Wage Board
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in tracks, which usually consist of two parallel steel rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and freight transport globally, thanks to its energy efficiency and potentially high speed.Rolling stock on rails generally encounters lower frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by diesel or electric locomotives. While railway transport is capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or animal power have existed since antiquity, but modern rail transport began with the invention of the steam locomotive in the United Kingdom at the beginning of the 19th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
