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The Columbian exchange, also known as the Columbian interchange, was the widespread transfer of plants, animals, precious metals, commodities, culture, human populations, technology, diseases, and ideas between the New World (the Americas) in the Western Hemisphere, and the Old World (Afro-Eurasia) in the Eastern Hemisphere, in the late 15th and following centuries. [1]
The Federal government provided $11.2 billion in immediate assistance to the Government of New York City in September 2001, and $10.5 billion in early 2002 for economic development and infrastructure needs. [18] The 9/11 attacks also had great impact on small businesses in Lower Manhattan, located near the World Trade Center.
New trade theory (NTT) is a collection of economic models in international trade theory which focuses on the role of increasing returns to scale and network effects, which were originally developed in the late 1970s and early 1980s. The main motivation for the development of NTT was that, contrary to what traditional trade models (or "old trade ...
The New International Economic Order (NIEO) is a set of proposals advocated by developing countries to end economic colonialism and dependency through a new interdependent economy. [1][2] The main NIEO document recognized that the current international economic order "was established at a time when most of the developing countries did not even ...
The Price Revolution, sometimes known as the Spanish Price Revolution, was a series of economic events that occurred between the second half of the 16th century and the first half of the 17th century, and most specifically linked to the high rate of inflation that occurred during this period across Western Europe. Prices rose on average roughly ...
A 2024 study by David Autor and his colleagues shows that the 2018-2019 trade war between the U.S., China, and other U.S. trade partners had a negative impact on U.S. employment.
The crown established New Spain as a viceroyalty in 1535, appointing as viceroy Antonio de Mendoza, an aristocrat loyal to the monarch rather than the conqueror Cortés. New Spain was the first of the viceroyalties that Spain created, the second being Peru in 1542, following the Spanish conquest of the Inca Empire.
The architect Daniel Libeskind won a competition to design the master plan for the new World Trade Center in February 2003. [25] [26] The master plan included five towers, a 9/11 memorial, and a transportation hub. [27] [28] By July 2004, the 65-story 2 World Trade Center was being proposed for the northeast corner of the site. [27]