|
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 Ocean. The state government established a trading monopoly with the tribes wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio River
The Ohio River () is a river in the United States. It is located at the boundary of the Midwestern and Southern United States, flowing in a southwesterly direction from Pittsburgh, Pennsylvania, to its river mouth, mouth on the Mississippi River in Cairo, Illinois, Cairo, Illinois. It is the third largest river by discharge volume in the United States and the largest tributary by volume of the Mississippi River. It is also the sixth oldest river on the North American continent. The river flows through or along the border of six U.S. state, states, and its drainage basin includes parts of 14 states. Through its largest tributary, the Tennessee River, the basin includes several states of the southeastern United States. It is the source of drinking water for five million people. The river became a primary transportation route for pioneers during the westward expansion of the early U.S. The lower Ohio River just below Louisville was obstructed by rapids known as the Falls of the Oh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its Electricity generation, electricity. Some iron and steel-maki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EDealinfo USA
eDealinfo USA Inc. is in e-Commerce business of online deals and coupons for various consumer products and services. The company is headquartered in Indiana, U.S.. eDealinfo USA Inc. operates its business through various domain names. History In 2000, Rajiv Maheshwari launched a pilot version on a sub-domain of a hosting site. In December 2000, the edealinfo.com domain was purchased and the entire site moved there. Later two more websites were launched that were focused on coupons and computer system deals. Initially the company was located in the Detroit suburbs of Michigan. In 2015, Michigan passed the Sales and Use Tax Click-Through nexus law and the company relocated to Indiana to avoid termination of affiliate contracts with various online retailers. In 2017, ecouponsinfo.com was merged back with edealinfo.com. A further website unboxcoupons.com was launched with focus on coupons and vouchers for merchants outside of the United States. Recognition eDealinfo.com was liste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions” United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 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. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Crisis
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high elastic modulus, yield strength, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete reinforcing rods), in bridges, infrastructure, tools, ships, trains, cars, bicycles, machines, electrical appliances, furniture, and weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally take on two crystalline forms: body-centered cubic and face-centered cubic, however depending on the thermal hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwest Indiana
Northwest Indiana, nicknamed "The Region" after the Calumet Region, is an unofficial region of Northern Indiana, northern Indiana, United States that is located at the northwestern corner of the state. Though there is no official definition of the region, it is based on the Gary, Indiana Metropolitan Division, which comprises Jasper County, Indiana, Jasper, Lake County, Indiana, Lake, Porter County, Indiana, Porter and Newton County, Indiana, Newton counties in Indiana, and the Michigan City-La Porte, IN Metropolitan Statistic Area, which comprises LaPorte County, Indiana, LaPorte, with unofficial definitions also including Starke County, Indiana, Starke and Pulaski County, Indiana, Pulaski counties. This region neighbors Lake Michigan and parts of it are in the Chicago metropolitan area. According to the 2020 census, the largest definition of Northwest Indiana has a population of 866,965 and is the state's second largest urban area after the Indianapolis Metropolitan Area. It is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession Of 1969-1970
In economics, a recession is a business cycle contraction that occurs when there is a period of broad 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). There is no official definition of a recession, according to the IMF. 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 and Canada, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul V
Pope Paul V (; ) (17 September 1552 – 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 Robert 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 Galileo affair, trial of 1633. Trained in jurisprudence, Borghese was made Cardinal-Priest of Sant'Eusebio and the Cardinal Vicar of Rome by Pope Clement VIII. He was elected as Pope in 1605, following the death of Pope Leo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression In The United States
In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high unemployment, famine, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic growth as well as for personal advancement. Altogether, there was a general loss of confidence in the economic future. The usual explanations include numerous factors, especially high consumer debt, ill-regulated markets that permitted overoptimistic loans by banks and investors, and the lack of high-growth new industries. These all interacted to create a downward economic spiral of reduced spending, falling confidence and lowered production. Industries that suffered the most included construction, shipping, mining, logging, and agriculture. Also hard hit was the manufacturing of durable goods like automobiles and appliances, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monon Railroad
The Monon Railroad , also known as the Chicago, Indianapolis, and Louisville Railway from 1897 to 1971, was an American railroad that operated almost entirely within the state of Indiana. The Monon was merged into the Louisville and Nashville Railroad in 1971, and much of the former Monon right of way is owned today by CSX Transportation.Historic Marker in Monon, erected by the Monon Historical Society, 1982 In 1970, it operated of road on of track; that year it reported 1320 million ton-miles of revenue freight and zero passenger-miles. (It also showed zero miles of double track, the longest such Class I railroad in the country.) Timeline *1847: The New Albany and Salem Railroad (NA&S) is organized with James Brooks as president. *1854: The NA&S trackage stretches from the Ohio River (at New Albany, Indiana, New Albany) to Lake Michigan (at Michigan City, Indiana, Michigan City). *1859: The overextended and struggling NA&S is renamed the Louisville, New Albany and Chicago Ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muncie, Indiana
Muncie ( ) is a city in Delaware County, Indiana, United States, and its county seat. It is located in East Central Indiana about northeast of Indianapolis. At the 2020 census, the city's population was 65,195, down from 70,085 in the 2010 census. It is the principal city of the Muncie metropolitan statistical area, which encompasses all of Delaware County. The city is also included in the Indianapolis–Carmel–Muncie combined statistical area. The Lenape people, led by Buckongahelas, arrived in the area in the 1790s. They founded several villages, including one known as Munsee Town, along the 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 industrial center, especially after the Indiana gas boom of the 1880s. It is home to Ball State University. Muncie was also the subject of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
