Examlex
The goal of the financial manager is to maximize the value of the shareholders' stake in the firm.
American System
An economic plan advocated by Henry Clay in the early 19th century, emphasizing support for a national bank, high tariffs, and internal improvements to foster national economic growth.
Panic of 1819
The first major financial crisis in the United States, which occurred due to a sudden collapse of the economy, leading to bank failures and unemployment.
European Market
The combined economies of European countries, often referring to the single market in the context of the European Union.
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