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econometrics

(Encyclopedia)econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. Econometrics attempts to ...

Volcker, Paul Adolph

(Encyclopedia)Volcker, Paul Adolph, 1927–2019, American economist, government official, and banker, b. Cape May, N.J. After working as an under secretary in the Treasury Department (1969–74) and as president of...

commercial revolution

(Encyclopedia)commercial revolution, in European history, a fundamental change in the quantity and scope of commerce. In the later Middle Ages steady economic expansion had seen the rise of towns and the advent of ...

commerce, in economics

(Encyclopedia)commerce, traffic in goods, usually thought of as trade between states or nations. Engaged in by all peoples from the earliest times, it has been carried on in some areas and by some peoples more than...

Humberside

(Encyclopedia)Humberside, former county, NE England. Created in the 1974 local government reorganization, the county was dissolved in 1996 and replaced by four unitary authorities: the East Riding of Yorkshire, Kin...

Delaware, state, United States

(Encyclopedia) CE5 Delaware dĕlˈəwâr, –wər [key], one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). It is bordered by Maryland (W, S), and th...

Gulf Stream

(Encyclopedia)Gulf Stream, warm ocean current of the N Atlantic Ocean, off E North America. It was first described (1513) by Spanish explorer Ponce de León. The Gulf Stream originates in the Gulf of Mexico and, as...

alder

(Encyclopedia)alder ôlˈdər [key], name for deciduous trees and shrubs of the genus Alnus of the family Betulaceae (birch family), widely distributed, especially in mountainous and moist areas of the north temper...

Avon, former county, England

(Encyclopedia)Avon, former county, SW England, bordering the Severn estuary and the Bristol Channel. Created in 1974 from S Gloucestershire, Bristol, and N Somerset. it was dissolved in 1996 into four unitary autho...

Henson, Matthew Alexander

(Encyclopedia)Henson, Matthew Alexander, 1866–1965, African-American arctic explorer, b. Charles County, Md. He accompanied Robert E. Peary as personal assistant, dog driver, and interpreter on numerous expeditio...
 

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