shortages became the Florentine atelier’s first iconic print and the design’s criss-cross pattern was a precursor to the famous GG logo. Although utilised throughout the fifties‚ the Diamante canvas fell largely into disuse until it was re-discovered by Giannini in the Gucci archives and used on a limited edition collection of classic Gucci handbags‚ shoes and leather goods. Many of Gucci’s local Italian clients were horse-riding aristocrats and their call for riding gear led Gucci to develop its unique
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that the government collects in taxes and what is spent. In 2001 the economy was at $128 billion surplus and has steadily decreased to a $1.327 trillion deficit in 2012. It is currently projected that by 2013 the deficit will be down to $901 billion (Amadeo‚ 2012). A popular question is whether the source of a deficit really matters or not‚ the concern is the fact that the United States is in debt. Many Americans want to place the blame of the high deficit on the financial crisis that began in 2008
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government take protectionism policies that government puts tariffs on imported goods so that people would buy more domestic products. This government policy helped to protect local business but America lost faith and friendship in international markets (Amadeo‚ 2016) (Wheelock‚ n.d). These causes led American confronted with the Great Depression. Former president‚ Hoover‚ stick with Adam Smith’s theory that government should not directly intervene in the economy. In 1932‚ Franklin D. Roosevelt elected
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What is the American Dream? The American Dream is in the Declaration of Independence and it proclaims “We hold these truths to be self-evident‚ that all men are created equal‚ that they are endowed by their creator with certain unalienable rights‚ that among the are life‚ liberty‚ and the pursuit of happiness. That to secure the rights‚ governments are instituted among men‚ deriving their just powers from the consent of the governed.” Many people have an idea of what they want for their American
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Federal Reserve Luke SkyScrapper Finance 366 January 30‚ 2012 Joseph Vader Federal Reserve Federal reserve is the backbone of the US economy. The Federal Reserve serves as our country nation’s bank. The fed functions are to regulate our major financial institutions and control the flow of money in our country. The Federal Reserve System was created by the Congress because of the Federal Reserve Act in 1913 to fix some flaws of the national banking systems that become clearly visible
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distribution control the remaining 45% (Amadeo‚ 2011). Typically‚ taxes and distribution are steady‚ so that the daily adjustment in the price of gasoline correctly reflects oil price fluctuations. However‚ occasionally‚ distribution lines are interrupted or are down for maintenance‚ which can oftentimes result in high gas prices even when oil prices are down (Amadeo‚ 2011).
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remaining closed through 1990” (Amadeo‚ 2009) This oil spill created a large decline in the commercial fishing industry‚ causing many people to go out of business. There were over two thousand Alaskan Native Americans and thirteen thousand other “subsistence permit holders” who lost the source of their food because of the accident (Amadeo‚ 2009). The tourism industry in the Alaskan area immediately lost over twenty six thousand jobs with more than $2.4 billion in sales loss (Amadeo‚ 2009). In January of
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Obamacare ’s health care reform does a number of important things including offering Americans a number of new benefits‚ rights‚ and protections in regards to their healthcare and setting up a Health Insurance Marketplace where Americans can purchase federally regulated and subsidized health insurance ( Obamacare). Lawmakers passed a law that requires nearly all Americans to carry health insurance or pay a fine if they choose not to be covered. Healthcare government states that the Health Insurance
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James Laborde Matt Landrus Composition 2 29 February‚ 2011 Should the United States government have assumed control of General Motors? If you were to read a story in the news that a government had assumed control of a private company‚ what country might come to your mind? Possibly Russia‚ Cuba‚ China‚ maybe even Vietnam? Probably the United States would be the furthest from your mind. Not everything the United States government does should be considered socialistic‚ but obtaining control
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The North American Free Trade Agreement (NAFTA) is a treaty that lays out the fundamental basis for economic prosperity and economic cooperation between Canada‚ Mexico‚ and the United States. The implementation of NAFTA has encouraged several economic policies‚ such as trade liberalization‚ which in turn have produced several economic benefits‚ ranging from significant economic growth to the production of jobs in the three nations. However‚ NAFTA has produced controversy with the possibility of the
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