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Economy of the United States

Converse/Inverse

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Kristyn Delgado Pd. 5 9/13/16 Parks Slogan:Where dreams come true Conditional: If you are at a Disney park, then your dreams will come true. Converse: If your dreams come true, then you are at a Disney park. Inverse: If you are not at a Disney park, then your dreams will not come true. Contrapositive: If your dreams do not come true, then you are not at a Disney park. Kristyn Delgado Pd. 5 9/13/16 Parks
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American Paegent Chapter 24 Outline

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1. Rebates- were given to large companies that shipped large quantities of goods. This caused problems for farmers as they had to pay more for shorter distances. 2 . John D. Rockefeller ? The oil baron. Maker of the Standard Oil Company in 1870. He would make trust packs with his competition to monopolize the business, this was called horizontal integration. He was an aggressive monopolist. 3. J. Pierpont Morgan ? The banker?s banker. He?d place bankers of his own syndicate on various boards of directors, this was called, interlocking directorates. Bought Carnegie?s business for $400 million and made it the first billion dollar company. 4. President Cleveland ? Gave away land to railroad companies and grudgingly passed the Interstate Commerce Act of 1887.

The fiscal Cliff

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Welles Harris The Fiscal Cliff The fiscal cliff refers to an automatic $560 billion in tax increases and spending cuts that would go into effect, beginning in January 2013, to supposedly reduce the US budget deficit. Realistically, these cuts and tax increases would only reduce the national debt by a few percentage points. I believe the Simpson-Bowles Budget Alternative is currently the one of the better plans proffered for our country. This bipartisan plan, created by Alan Simpson, a former Republican senator, and Erskin Bowles, a Democrat who was previously the Chief of Staff under the Clinton administration, achieves debt reduction via tax to cuts ratio of 1:2.

Maquiladora

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Maquiladoras-The term given to zones in northern mexico with factories supplying manufactured goods to the Unites States market. The low-wage workers in the primarily foreign-owened factories assemble imported raw materials and then export finished goods.
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