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2009-12-22 08:58:00

AHMEDABAD, India, December 22 /PRNewswire/ -- The economic history of U.S., like its history has its roots in European settlements of the 16th century. These successful colonial economies grew into small independent farming economies which after 1776 became the United States of America. A central feature of the U.S. economy is the freedom of the private sector. The period of 1930 saw the great depression from which U.S. emerged strong and that between 1960 and 1990 saw the fiscal policy...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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