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The first practical use of electricity was for lighting in the Government Printing Office in George Street in April 1883. [2] In 1886, arc lights were in use at the Roma Street Railway Yards and in the same year, an underground cable connected the Parliament House from the Printing Office, the first of any Parliament House in Australia. [2]
The quarter (lit. "one-fourth") was used as the name of several distinct English units based on ¼ sizes of some base unit. The "quarter of London" mentioned by Magna Carta as the national standard measure for wine, ale, and grain [1] was ¼ ton or tun. It continued to be used, e.g. to regulate the prices of bread. [2]
A financial panic was narrowly averted in 1860 by the first use of clearing house certificates between banks. [9] 1865–1867 recession April 1865 – December 1867 2 years 8 months 3 years 10 months −23.8% — The American Civil War ended in April 1865, and the country entered a lengthy period of general deflation that lasted until 1896.
Electric power transmission, the tools and means of moving electricity far from where it is generated, date back to the late 19th century. They include the movement of electricity in bulk (formally called "transmission") and the delivery of electricity to individual customers ("distribution"). In the beginning, the two terms were used ...
Recessions have psychological and confidence aspects. For example, if companies expect economic activity to slow, they may reduce employment levels and save money rather than invest. Such expectations can create a self-reinforcing downward cycle, bringing about or worsening a recession. [30]
Max Dieckmann and Gustav Glage use the Braun tube for playback of 20-line black-and-white images. The first jukebox with records comes on the market. American Brigadier General Henry Harrison Chase Dunwoody files for a patent for a carborundum steel detector for use in a crystal radio, an improved version of the Cat's-whisker detector.
Electric utilities measure power using electricity meters, which keep a running total of the electric energy delivered to a customer. Unlike fossil fuels , electricity is a low entropy form of energy and can be converted into motion or many other forms of energy with high efficiency.
[16] [17] As of March 9, 2009, the U.S. Nuclear Regulatory Commission had received applications for permission to construct 26 new nuclear power reactors [18] However, as of 2013 most of the new applications had been abandoned due to the low cost of electricity generated with natural gas which had become available at cheap prices due to the ...