Federal Reserve Bank of Chicago for Dummies

Federal Reserve Bank of Chicago for Dummies

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Chicago stretches along the lakeshore and extends inland to fulfill its suburbs in a rough line. At its biggest extent, the city is some 25 miles (40 km) from north to south and 15 miles (25 km) from east to west. Location 228 square miles (591 square km).  Find Out More Here . (2000) 2,896,016; Chicago-Joliet-Naperville City Department, 7,628,412; Chicago-Joliet-Naperville City Area, 9,098,316; (2010) 2,695,598; Chicago-Joliet-Naperville City Division, 7,883,147; Chicago-Joliet-Naperville City Location, 9,461,105.


Chicago's dizzying development in the 19th century led to a credibility not just for disorder and political corruption but likewise for imagination in the arts, architecture, and company. The resulting economic opportunities likewise contributed to the variety of the city's population. High-rise apartment structures of the Gold Coast neighbourhood in Chicago.


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Ibrahim/Getty Images Get a Britannica Premium membership and gain access to unique material. Subscribe Now Chicago never satisfied its imagine ending up being the largest American city, but between 1890 and 1982 it was 2nd only to New York City. That fact has actually contributed much to the city's reputed personality. In the 19th century it had the image of being aggressive and self-promoting, stealing population and businesses from the East.


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Louis, Mo., in the competitors to end up being the site of the World's Columbian Exposition of 1893. Poet Carl Sandburg hailed it as the "city of the big shoulders," cunning and terrible, yet creative and strangely attractive. It was the "toddlin' town" of the 1920s tune, and Frank Sinatra notoriously proclaimed it "my type of town." New York author A.J.


Chicagoans ultimately forgot the book, however the adopted epithet stuck. Under the regime of the late mayor Richard J. Daley, effective community services made it the "city that works." Chicagoans still like to describe it as the "city of neighbourhoods," even though that description can carry undertones of partition by race, ethnic background, and social class.


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Throughout the 19th century it was related to as remarkable for the speed of its development and the variety of its population, yet its interior location apparently made it a much more "usually American" city than New york city. One-third of Chicago lay in ashes in the wake of the Terrific Fire of 1871, but it was rebuilt in record speed during the beginning of an economic depression.