a company or an organization that deals with money or with managing the distribution of money, goods, and services in an economy. Banks, government organizations, and investment funds are all economic institutions: Technical assistance will be needed to rebuild essential economic institutions after this upheaval.
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Kennedy chose his brother-in-law R. Sargent Shriver to head a task force to outline the development of the Peace Corp and then to a eventually head the Peace Corp.
Homestead Act opened up settlement in the western United States, allowing any American, including freed slaves, to put in a claim for up to 160 free acres of federal land.