All governments whether Monarchy, Patriarchy, Communist, or Democracy Require money to operate, such as it’s citizens’ taxes. New taxes are levied when funds are low. Continue reading
Tag: Trading
United States Steel Company, a Corporation worth US$1 Billion
In 1901 a financier by the name John Pierpont Morgan created a Billion dollar company by combining several Steel mills (including Carnegie Steel and Federal Steel Company) in to one big company called, United States Steel Company. Continue reading
Trade during the Han dynasty
China and Southeast Asia initiated trade, during the Han dynasty, circa 100 CE. (Northern part of what is now Vietnam) Continue reading
International trade fairs still held annually
Fairs of Germany’s medieval cities which include those of Leipzig, begun in 1229; Frankfurt am Main, in 1240 (and perhaps as early as 1050); and Cologne, in 1360, all still hold annually international trade fairs. Continue reading
Free trade for North America … Really?
On December 17th 1992, a free trade agreement called NAFTA (aka. North American Free Trade Agreement) was signed by Canadian Prime Minister Brian Mulroney, United States President George W. Bush and Mexican President Carlos Salinas de Gortari. Continue reading