The Space Race Begins. It is 1957 and the U.S. and the Soviet Union are locked into the Cold War. The Soviet Union has just launched the world's first satellite, Sputnik. Fearful of Soviet military control of space, the Americans quickly ready a rocket.
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Capitalist economic relations were considered free because private individuals or businesses were given the freedom to choose what goods and services they would want to market or produce, where they would want to invest, and at what prices should they set on their goods and services, depending of course, on the supply and demand of the economic market.
Coming and going from the forest were beef and pork and lard, buffalo robes and bear hides and deerskins, lumber and lime, tobacco and flour and corn. It was the cotton bales and hogsheads of sugar, stacked high on the levee, however, that really made the New Orleans economy hum.