Tough, new law

Article Abstract:

Congress passed the 1938 Food, Drug and Cosmetic Act requiring the manufacturers to prove their products were safe before marketing, and for this purpose scientists and outfitted laboratories were hired, improving drug safety and revolutionizing the industry. Rapid changes in science and business overwhelmed the Food and Drug Administration, which relied on drug companies for data and rarely pressed when problems occur.

FOOD AND KINDRED PRODUCTS, Pharmaceutical preparations, Pharmaceutical industry, Food industry, Powers and duties, United States. Food and Drug Administration, Food and beverage production/distribution software

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Mortgage crisis: losing homes

Article Abstract:

The situation of lost homes during the Depression in the 1930s has led to several mortgage schemes over the years that have increased the mortgage debt of Americans.

Economic aspects, Home equity loans, Subprime loans

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