drop in incomes
21United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
22Demographic transition — A diagram of the demographic transition model, including stage 5 The demographic transition model (DT) is the transition from high birth and death rates to low birth and death rates as a country develops from a pre industrial to an industrialized …
23American middle class — The American middle class is a social class in the United States.[1][2] While the concept is typically ambiguous in popular opinion and common language use,[3] contemporary social scientists have put forward several, more or less congruent,… …
24United States housing market correction — A United States housing market correction is a market correction or bubble bursting of a United States housing bubble; the most recent one started in 2005.A real estate bubble is a type of economic bubble that occurs periodically in local or… …
25Economy of Russia — Russia is a unique emerging market, in the sense that being the nucleus of a former superpower shows more anomalies. On one hand, its exports are primarily resource based, and on the other, it has a pool of technical talent in aerospace, nuclear… …
26History of post-Soviet Russia — With the dissolution of the Soviet Union in December 1991, the Russian Federation became an independent country. Russia was the largest of the fifteen republics that made up the Soviet Union, accounting for over 60% of the GDP and over half of… …
27agricultural economics — Introduction study of the allocation, distribution, and utilization of the resources used, along with the commodities produced, by farming. Agricultural economics plays a role in the economics of development, for a continuous level of farm… …
28income — noun ADJECTIVE ▪ high, large ▪ six figure (esp. AmE) ▪ The business provided him with a six figure income. ▪ sufficient ▪ average …
29Medicare (United States) — President Johnson signing the Medicare amendment. Former President Harry S. Truman (seated) and his wife, Bess, are on the far right …
301973 oil crisis — Further information: 1973 world oil market chronology 1973 Oil Crisis Other names Arab Oil Embargo The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the …
