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Economy Of Indiana
The economy of the state of Indiana is reflected in its gross state product in 2017 of US$359 billion and per capita income of $44,165. A high percentage of Indiana's income is from manufacturing. Indiana has been the largest steel producing state in the U.S. since 1975, with the Calumet Region of northwest Indiana being the largest single steel producing area in the U.S., accounting for 27% of all U.S. steel production. Indiana is also the 2nd largest auto manufacturing state. Indiana's other manufactures include pharmaceuticals and medical devices, automobiles, electrical equipment, transportation equipment, chemical products, rubber, petroleum and coal products, and factory machinery. History Indiana's earliest economy revolved around trade with the Native American tribes in the northern and central parts of the state, which were connected by rivers to the Great Lakes, and ultimately the Atlantic. The state government established a trading monopoly with the tribes who becam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana In The American Civil War
Indiana, a state in the Midwest, played an important role in supporting the Union during the American Civil War. Despite anti-war activity within the state, and southern Indiana's ancestral ties to the South, Indiana was a strong supporter of the Union. Indiana contributed approximately 210,000 Union soldiers, sailors, and marines. Indiana's soldiers served in 308 military engagements during the war; the majority of them in the western theater, between the Mississippi River and the Appalachian Mountains. Indiana's war-related deaths reached 25,028 (7,243 from battle and 17,785 from disease). Its state government provided funds to purchase equipment, food, and supplies for troops in the field. Indiana, an agriculturally rich state containing the fifth-highest population in the Union, was critical to the North's success due to its geographical location, large population, and agricultural production. Indiana residents, also known as Hoosiers, supplied the Union with manpower for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Crisis
The steel crisis was a recession in the global steel market during the 1973–75 recession and early 1980s recession following the post–World War II economic expansion and the 1973 oil crisis, further compounded by the 1979 oil crisis, and lasted well into the 1980s. Steel prices dropped significantly as the market became saturated with steel from previous demand, and many steel mills in the Western world were driven out of business. Some areas affected by the steel crisis were the Rust belt in North America, the English Midlands in the United Kingdom, the Ruhr area in West Germany and Bergslagen in Sweden. United States lang=en, upright=1.4, Steel production by countries. United States steel production faced an irreversible decline in the 1970s. lang=en, upright=1.4, Steel production and GDP. In most countries, steel production declines after reaching a certain level of GDP, suggesting that growth continues according to other factors. Steel production in the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwest Indiana
Northwest Indiana, nicknamed The Region after the Calumet Region, comprises Lake, Porter, LaPorte, Newton and Jasper counties in Indiana. This region neighbors Lake Michigan and is part of the Chicago metropolitan area. According to the 2020 Census, Northwest Indiana has a population of 831,080 and is the state's second largest urban area after the Indianapolis Metropolitan Area. It is also the home of the Indiana Dunes, parts of which have been preserved through conservation efforts. The town of Ogden Dunes houses the Hour Glass, a museum showcasing the ecological and conservation efforts of O. D. Frank. The region's largest city is Hammond, followed closely by Gary. Other municipalities in Northwest Indiana include Burns Harbor, Chesterton, Crown Point, DeMotte, Dyer, East Chicago, Griffith, Highland, Hebron, Hobart, Kentland, Lake Station, La Porte, Lowell, Merrillville, Michigan City, Munster, Portage, Rensselaer, Schererville, St. John, Cedar Lake, Valparai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession Of 1969-1970
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul V
Pope Paul V ( la, Paulus V; it, Paolo V) (17 September 1550 – 28 January 1621), born Camillo Borghese, was head of the Catholic Church and ruler of the Papal States from 16 May 1605 to his death in January 1621. In 1611, he honored Galileo Galilei as a member of the Papal Accademia dei Lincei and supported his discoveries. In 1616, Pope Paul V instructed Cardinal Bellarmine to inform Galileo that the Copernican theory could not be taught as fact, but Bellarmine's certificate allowed Galileo to continue his studies in search for evidence and use the geocentric model as a theoretical device. That same year Paul V assured Galileo that he was safe from persecution so long as he, the Pope, should live. Bellarmine's certificate was used by Galileo for his defense at the trial of 1633. Early life Camillo Borghese was born in Rome on 17 September 1550 into the Borghese family of Siena which had recently established itself in Rome. He was the eldest son of seven sons of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monon Line '', a moth
{{disambiguation, geo, surname ...
Monon may refer to: * Monon Bell, locomotive bell that symbolizes the DePauw-Wabash football rivalry * Monon, Indiana, United States ** Monon Township, White County, Indiana, **Monon Railroad, a former railroad in Indiana **Monon Commercial Historic District ** Monon Trail, a rail trail in Indiana *Saint Monon (died c. 645), a Scottish hermit and martyr *Salinta Monon (1920–2009), a Filipino textile weaver *''Eudesmia monon ''Eudesmia monon'' is a moth of the subfamily Arctiinae. It is found in Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muncie, Indiana
Muncie ( ) is an incorporated city and the county seat, seat of Delaware County, Indiana, Delaware County, Indiana. Previously known as Buckongahelas Town, named after the legendary Delaware Chief.http://www.delawarecountyhistory.org/history/docs/lenape-villages.pdf It is located in East Central Indiana, about northeast of Indianapolis. The 2020 United States Census, United States Census for 2020 reported the city's population was 65,194. It is the principal city of the Muncie metropolitan statistical area, which has a population of 117,671. The Lenape (Delaware (tribe), Delaware) people, led by Buckongahelas arrived in the area in the 1790s, founding several villages, including one known as Munsee Town, along the White River (Indiana), White River. The trading post, renamed Muncietown, was selected as the Delaware County seat and platted in 1827. Its name was officially shortened to Muncie in 1845 and incorporated as a city in 1865. Muncie developed as a manufacturing and indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ball Corporation
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass Mason jar, jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880, when it was known as the Wooden Jacket Can Company, the Ball company has expanded and diversified into other business ventures, including aerospace technology. It eventually became the world's largest manufacturer of recyclable metal beverage and food containers. The Ball brothers renamed their business the Ball Brothers Glass Manufacturing Company, incorporated in 1886. Its headquarters, as well as its glass and metal manufacturing operations, were moved to Muncie, Indiana, by 1889. The business was renamed the Ball Brothers Company in 1922 and the Ball Corporation in 1969. It became a publicly traded stock company on the New York Stock Exchange in 1973. Ball left the home canning business in 1993 by spinning off a former subsidiary (Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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