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When a firm has economic profits equal to zero
Fourteenth Amendment
An amendment to the United States Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States, including formerly enslaved people, and providing all citizens with “equal protection under the laws.”
Foraker Act
Legislation passed in 1900 that established civil government in Puerto Rico, which had been newly acquired by the United States after the Spanish-American War.
Homestead Strike
A major industrial strike in 1892 at the Homestead Steel Works in Pennsylvania, representing a pivotal battle over labor rights in the U.S.
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