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What Accounted for the Tremendous Rise in the Profits of the American

question 67

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What accounted for the tremendous rise in the profits of the American financial industry,from less than 10 percent of total business profits in the 1950s to more than 40 percent in the 1990s?


Definitions:

Human Ecology

Is a theoretical approach to urban sociology that borrows ideas from biology and ecology to highlight the links between the physical and social dimensions of cities and identify the dynamics and patterns of urban growth.

Modern Office Towers

High-rise buildings designed with advanced architectural techniques and technologies to house offices and commercial activities in urban centers.

Thomas Malthus

An English economist and demographer, best known for his theory that population growth will always tend to outrun the food supply.

Famine Relief

Famine relief refers to emergency measures and aid provided to areas or populations suffering from severe food shortages and starvation.

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