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Modern American History - Paper

Modern American History

American history, though nowhere near as epic as the history of Europe, is wrought with its own heroes and legendary personalities. The three most important span political, economic, and social borders. In its 300 years, the United States has not seen finer heroes than Benjamin Franklin, Alan Greenspan, and Martin Luther King, Jr. Their contributions in politics, regulation of the US economy, and roles in racial diversity, these legends have no precedent. Benjamin Franklin contributed to the culture of the US through his literature and his political presence. Franklin was born in the early 18th century, when England still had a grip on the politics of the colonies. Following the ...

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government. This coupled with his exceptional achievement made Franklin a great inspiration to the people of his time that lasts to this day. Alan Greenspan is a recent figure in history, but his impact on the present and future economics of America is incalculable. The chairman of the Federal Reserve, Greenspan is in charge of setting interest rates and reporting to the government on the state of the entire economy. In essence, Greenspan’s job is running the day-to-day and long-term economies of the United States. He is involved in international and domestic trade. In addition, he regulates the stock market. The effect he has had on the American public is not directly felt, but in a way he affects the lives of every citizen. On several occasions, Greenspan has saved the market from failure through quick action. He has always chosen the sound long-term route over a short-term benefit, even against protest. The market is a direct representation of the economy of the US, ...

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Modern American History. (2004, June 7). Retrieved April 19, 2024, from http://www.essayworld.com/essays/Modern-American-History/9090

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"Modern American History." Essayworld.com. June 7, 2004. Accessed April 19, 2024. http://www.essayworld.com/essays/Modern-American-History/9090.

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PAPER DETAILS

Added: 6/7/2004 11:11:51 AM
Category: Biographies
Type: Premium Paper
Words: 634
Pages: 3

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