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capitalism

(Encyclopedia)capitalism, economic system based on private ownership of the means of production, in which personal profit can be acquired through investment of capital and employment of labor. Capitalism is grounde...

Whitewater, in U.S. history

(Encyclopedia)Whitewater, popular name for a failed 1970s Arkansas real estate venture by the Whitewater Development Corp., in which Gov. (later President) Bill Clinton and his wife, Hillary Rodham Clinton, were pa...

Turgot, Anne Robert Jacques

(Encyclopedia)Turgot, Anne Robert Jacques än rōbĕrˈ zhäk türgōˈ [key], 1727–81, French economist, comptroller general of finances (1774–76). The son of a rich merchant, he showed precocious ability at s...

Boniface VIII

(Encyclopedia)Boniface VIII, 1235–1303, pope (1294–1303), an Italian (b. Anagni) named Benedetto Caetani; successor of St. Celestine V. As a cardinal he was independent of the factions in the papal court, and h...

Kennedy, John Fitzgerald

(Encyclopedia)Kennedy, John Fitzgerald, 1917–63, 35th President of the United States (1961–63), b. Brookline, Mass.; son of Joseph P. Kennedy. On Nov. 22, 1963, President Kennedy was shot and killed while ...

depression, in economics

(Encyclopedia)depression, in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous bankruptcies, and a ...

foundation

(Encyclopedia)foundation, institution through which private wealth is contributed and distributed for public purpose. Foundations have existed since Greek and Roman times, when they honored deities. During the Midd...

Louis XV, king of France

(Encyclopedia)Louis XV, 1710–74, king of France (1715–74), great-grandson and successor of King Louis XIV, son of Louis, titular duke of Burgundy, and Marie Adelaide of Savoy. The domestic abuses of Louis XIV...

sodium chloride

(Encyclopedia)sodium chloride, NaCl, common salt. Salt is important in many ways. It is an essential part of the diet of both humans and animals and is a part of most animal fluids, such as blood, sweat, and te...

Suriname

(Encyclopedia)CE5 Suriname so͝orĭnämˈ, –nămˈ [key], officially Republic of Suriname, republic (2015 est. pop. 553,000), 63,037 sq mi (163,266 sq km), NE South America, on the Atlantic Ocean. Part of the ...