During the ensuing summer, a business section developed: a string of one- and two-story structures housing a bank, a general store, a Chinese laundry, and more, all of it resembling a mining outpost. On Christmas night of 1896, a fire broke out that…

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The ideology of frugality, the interests of factory owners, and the availability of surplus labor via immigration inevitably suppressed wages. With wages stagnant and production increasing, the system went out of balance and finally, in 1929, went into a deep crisis.

The Offshoring and Deindustrialization Era defined U.S. economic policy from 1979 to 2001, reshaping global commerce and local economies alike. A critical milestone during this period was China’s entry into the World Trade Organization in 2001, which accelerated the United States’ transition from a production-based economy to a consumption-driven m