In the United States, sociology was first taught as an academic discipline at the University of Kansas in 1890, at the University of Chicago in 1892, and at Atlanta University in 1897.
Source (www.sparknotes.com/sociology/introduction-to-sociology/section1.rhtml)
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requiring that 15% of assets be kept on hand in a vault
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The state or condition of lacking strength., or a quality or feature regarded as a disadvantage or fault.
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The purpose of establishing colonial economy was to ensure a constant supply of raw materials, cheap labor, market, area for investment, and area for settlement. During the colonial economy period, African economy was transformed and made inferior.