Answer: In 1959, a young senator wrote an article for a young magazine called "TV Guide" trumpeting the potential for the new medium of television to permanently change the way politics worked. In a little more than a year, that same senator, John F. Kennedy, would be elected president of the United States, thanks in no small part to his charismatic performance in a series of televised debates with opponent Richard Nixon and a TV ad campaign that featured some catchy jingles. Three years later, news coverage of Kennedy's assassination would captivate the country, becoming one of the first major tragedies covered by network news [source: Kaid]. By that time, television's place in shaping the political landscape was undeniable.
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In the first unqualified defeat of a British naval squadron in history, U.S. Captain Oliver Hazard Perry leads a fleet of nine American ships to victory over a squadron of six British warships at the Battle of Lake Erie during the War of 1812.
This is false. There were several Five Year Plans in the Soviet Union, but the original Five Year Plan was pursued by Stalin, who sought to collectivize the agricultural system in order to speed up industrialization.
Timbuktu was a place where ideas were shared and quickly became a center for learning.
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Bear Stearns was a well known global investment bank that collapsed during the subprime mortgage crisis in 2008 when nervous investors pulled assets from the firm and was bailed out in April 2008.The Federal Reserve moved to assist by providing a $25 billion loan to Bear Stearns collateralize by JPMorgan, the Government bail out Bear Stearns because of the devastating damage to the economy if the firm were allowed to go bankrupt and the shattered confidence in financial markets that it would create in the financial securities trading firms in the world.
