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Labor Party Of The United States
The Labor Party of the United States was a short-lived political party formed by several state-level labor parties upon the encouragement of Chicago Federation of Labor leader John Fitzpatrick. It was formed in the immediate aftermath of World War I, due in large part to deterioration in the condition of the country's workers due to the imbalance between static workers' wages and rapidly escalating prices for necessities and consumer goods. The party quickly sought to unify the forces of the country's industrial workers with the farmers' movement and cooperative movement, as the nation's farmers had also been hit hard by declining agricultural prices during the war years and the economic interests of urban workers and rural farmers fell into alignment. On July 13, 1920, the Labor Party merged with the Committee of 48 to form the Farmer-Labor Party. History Background The aftermath of the First World War had the effect of producing, throughout the world, the greatest revolut ...
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Max S
''Empire Alderney'' was a 288-ton coastal tanker which was built in 1943. She was renamed ''Mil 50'' in 1946 and ''Max S'' in 1955. Her fate is unknown, last being registered in the Cayman Islands in 1980. History ''Empire Alderney'' was built by J. Harker Ltd., Knottingley as yard number 166. She had a Crossley engine. ''Empire Alderney'' was launched on 11 December 1943 and completed in June 1944. She was built for the Ministry of War Transport and managed by T J Metcalf. In 1946, ''Empire Alderney'' was sold to Norsk Tankanlaeg of Norway and renamed ''Mil 50''. She served with them for nine years and was sold to Partenrederei Max S, West Germany in 1955, being renamed ''Max S''. In 1958, she was sold to the Marina Mercante Nicaragüense, Nicaragua Nicaragua (; ), officially the Republic of Nicaragua (), is the largest country in Central America, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west ...
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Austria-Hungary
Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War and was dissolved shortly after its defeat in the First World War. Austria-Hungary was ruled by the House of Habsburg and constituted the last phase in the constitutional evolution of the Habsburg monarchy. It was a multinational state and one of Europe's major powers at the time. Austria-Hungary was geographically the second-largest country in Europe after the Russian Empire, at and the third-most populous (after Russia and the German Empire). The Empire built up the fourth-largest machine building industry in the world, after the United States, Germany and the United Kingdom. Austria-Hungary also became the world's third-largest manufacturer and exporter of electric home appliances, ...
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Economic Bubble
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify. Bubbles can be caused by overly optimistic projections about the scale and sustainability of growth (e.g. dot-com bubble), and/or by the belief that intrinsic valuation is no longer relevant when making an investment (e.g. Tulip mania). They have appeared in most asset classes, including equities (e.g. Roaring Twenties), commodities (e.g. Uranium bubble), real estate (e.g. 2000s US housing bubble), and even esoteric assets (e.g. Cryptocurrency bubble). Bubbles usually form as a result of either excess liquidity in markets, and/or changed investor psychology. Large multi-asset bubbles (e.g. 1980s Japanese asset bubble and the 2020–21 Everything bubble), are attributed to central banking liquidity (e.g. overuse of the Fed put). In the early stages o ...
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Woodrow Wilson
Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was an American politician and academic who served as the 28th president of the United States from 1913 to 1921. A member of the Democratic Party, Wilson served as the president of Princeton University and as the governor of New Jersey before winning the 1912 presidential election. As president, Wilson changed the nation's economic policies and led the United States into World War I in 1917. He was the leading architect of the League of Nations, and his progressive stance on foreign policy came to be known as Wilsonianism. Wilson grew up in the American South, mainly in Augusta, Georgia, during the Civil War and Reconstruction. After earning a Ph.D. in political science from Johns Hopkins University, Wilson taught at various colleges before becoming the president of Princeton University and a spokesman for progressivism in higher education. As governor of New Jersey from 1911 to 1913, Wilson broke with party bosse ...
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Overproduction
In economics, overproduction, oversupply, excess of supply or glut refers to excess of supply over demand of products being offered to the market. This leads to lower prices and/or unsold goods along with the possibility of unemployment. The demand side equivalent is underconsumption Underconsumption is a theory in economics that recessions and stagnation arise from an inadequate consumer demand, relative to the amount produced. In other words, there is a problem of overproduction and overinvestment during a demand crisis. The ...; some consider supply and demand two sides to the same coin – excess supply is only relative to a given demand, and insufficient demand is only relative to a given supply – and thus consider overproduction and underconsumption equivalent. Overproduction is often attributed as due to previous overinvestment – creation of excess productive capacity, which must then either lie idle (or under capacity), which is unprofit (economics), profitable, or ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party and also known colloquially as the Tories, is one of the Two-party system, two main political parties in the United Kingdom, along with the Labour Party (UK), Labour Party. It is the current Government of the United Kingdom, governing party, having won the 2019 United Kingdom general election, 2019 general election. It has been the primary governing party in Britain since 2010. The party is on the Centre-right politics, centre-right of the political spectrum, and encompasses various ideological #Party factions, factions including One-nation conservatism, one-nation conservatives, Thatcherism, Thatcherites, and traditionalist conservatism, traditionalist conservatives. The party currently has 356 Member of Parliament (United Kingdom), Members of Parliament, 264 members of the House of Lords, 9 members of the London Assembly, 31 members of the Scottish Parliament, 16 members of the Senedd, Welsh Parliament, 2 D ...
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Liberal Party (UK)
The Liberal Party was one of the two Major party, major List of political parties in the United Kingdom, political parties in the United Kingdom, along with the Conservative Party (UK), Conservative Party, in the 19th and early 20th centuries. Beginning as an alliance of Whigs (British political party), Whigs, free trade–supporting Peelites and reformist Radicals (UK), Radicals in the 1850s, by the end of the 19th century it had formed four governments under William Ewart Gladstone, William Gladstone. Despite being divided over the issue of Irish Home Rule Movement, Irish Home Rule, the party returned to government in 1905 and won a landslide victory in the 1906 United Kingdom general election, 1906 general election. Under Prime Minister of the United Kingdom, prime ministers Henry Campbell-Bannerman (1905–1908) and H. H. Asquith (1908–1916), the Liberal Party passed Liberal welfare reforms, reforms that created a basic welfare state. Although Asquith was the Leader of t ...
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Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfa ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Irish War Of Independence
The Irish War of Independence () or Anglo-Irish War was a guerrilla war fought in Ireland from 1919 to 1921 between the Irish Republican Army (IRA, the army of the Irish Republic) and British forces: the British Army, along with the quasi-military Royal Irish Constabulary (RIC) and its paramilitary forces the Auxiliaries and Ulster Special Constabulary (USC). It was part of the Irish revolutionary period. In April 1916, Irish republicans launched the Easter Rising against British rule and proclaimed an Irish Republic. Although it was crushed after a week of fighting, the Rising and the British response led to greater popular support for Irish independence. In the December 1918 election, republican party Sinn Féin won a landslide victory in Ireland. On 21 January 1919 they formed a breakaway government (Dáil Éireann) and declared Irish independence. That day, two RIC officers were killed in the Soloheadbeg ambush by IRA volunteers acting on their own initiative. The conf ...
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Finnish Civil War
The Finnish Civil War; . Other designations: Brethren War, Citizen War, Class War, Freedom War, Red Rebellion and Revolution, . According to 1,005 interviews done by the newspaper ''Aamulehti'', the most popular names were as follows: Civil War 29%, Citizen War 25%, Class War 13%, Freedom War 11%, Red Rebellion 5%, Revolution 1%, other name 2% and no answer 14%, was a civil war in Finland in 1918 fought for the leadership and control of the country between White Finland and the Finnish Socialist Workers' Republic (Red Finland) during the country's transition from a grand duchy of the Russian Empire to an independent state. The clashes took place in the context of the national, political, and social turmoil caused by World War I ( Eastern Front) in Europe. The war was fought between the "Reds", led by a section of the Social Democratic Party, and the "Whites", conducted by the conservative-based senate and the German Imperial Army. The paramilitary Red Guards, which were co ...
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