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The United States Merchant Marine [1] [2] is an organization composed of United States civilian mariners and U.S. civilian and federally owned merchant vessels.Both the civilian mariners and the merchant vessels are managed by a combination of the government and private sectors, and engage in commerce or transportation of goods and services in and out of the navigable waters of the United ...
The maritime history of the United States goes back to the first successful English colony was established in 1607, on the James River at Jamestown.It languished for decades until a new wave of settlers arrived in the late 17th century and set up commercial agriculture based on exports of tobacco to England.
The early technological and industrial development in the United States was facilitated by a unique confluence of geographical, social, and economic factors. The relative lack of workers kept U.S. wages generally higher than salaries in Europe and provided an incentive to mechanize some tasks.
1994 — The United States hosts the FIFA World Cup, which is won by Brazil. 1995 — Oklahoma City bombing kills 168 and wounds 800. The bombing is the worst domestic terrorist incident in U.S. history, and the investigation results in the arrests of Timothy McVeigh and Terry Nichols.
The Economic Policy Institute, a left-leaning think tank, has claimed that free trade created a large trade deficit in the United States for decades which lead to the closure of many factories and cost the United States millions of jobs in the manufacturing sector. Trade deficits lead to significant wage losses, not only for workers in the ...
Lake freighters, or lakers, are bulk carriers operating on the Great Lakes of North America. These vessels are traditionally called boats, although classified as ships. [1][2] Freighters typically have a long, narrow hull, a raised pilothouse, and the engine located at the rear of the ship.
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. [ 1 ] Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. [ 1 ]
The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.