Lake Erie (//; French: Lac Érié) is the fourth largest lake (by surface area) of the five Great Lakes in North America, and the tenth largest globally or twelfth largest globally if measured in terms of surface area. It is the southernmost, shallowest, and smallest by volume of the Great Lakes and therefore also has the shortest average water residence time. It is bounded by Ontario to the north, Ohio, Pennsylvania, and New York to the south, and Michigan to the west. The lake is named after the Erie tribe of Native Americans who lived along its southern shore. The outflow from the lake provides hydroelectric power to Canada and the U.S. as it spins huge turbines at Niagara Falls. The lake's environmental health has been an ongoing concern for decades, with issues such as overfishing, pollution and more recently algal blooms and eutrophication generating headlines.
Erie // is a city located in northwestern Pennsylvania in the United States. Named for the lake and the Native American tribe that resided along its southern shore, Erie is the state's fourth-largest city (after Philadelphia, Pittsburgh and Allentown), with a population of 102,000. Erie's Metropolitan Area consists of approximately 280,000 residents and an Urbanized Area population of approximately 195,000. The city is the seat of government for Erie County. Erie is the principal city of the Erie, PA Metropolitan Statistical Area.
Erie is near Buffalo, New York, Cleveland, Ohio, and Pittsburgh, Pennsylvania. Once teeming with heavy industry, Erie's manufacturing sector remains prominent in the local economy, though service industries, healthcare, higher education, and tourism are emerging as greater economic drivers. Millions visit Erie for recreation at Presque Isle State Park, as well as attractions like casino and horse racetrack named for the state park.
The Great Lakes (sometimes, Laurentian Great Lakes) are a collection of freshwater lakes located in northeastern North America, on the Canada–United States border, which connect to the Atlantic Ocean through the Saint Lawrence Seaway and the Great Lakes Waterway. Consisting of Lakes Superior, Michigan, Huron, Erie, and Ontario, they form the largest group of freshwater lakes on Earth, containing 21% of the world's surface fresh water. The total surface is 94,250 square miles (244,106 km2), and the total volume (measured at the low water datum) is 5,439 cubic miles (22,671 3km). The lakes are sometimes referred to as the North Coast or "Third Coast". They have also been referred to as North America's fourth coast, as traversing the shoreline of each of the lakes covers about 17,000 km (11,000 mi) roughly the distance of almost half the Earth's equator.
The Great Lakes began to form at the end of the last glacial period around 10,000 years ago, as retreating ice sheets carved basins into the land and they became filled with meltwater. The lakes have been a major source of trade through their region, and are home to a large number of aquatic species. Many invasive species have been introduced due to trade in the area, and some threaten the region's biodiversity.
The United States is a country in the Northern Hemisphere, Western Hemisphere, and the Eastern Hemisphere. It consists of forty-eight contiguous states in North America, Alaska, a peninsula which forms the northwestern most part of North America, and Hawaii, an archipelago in the Pacific Ocean. There are several United States territories in the Pacific and Caribbean. The term "United States", when used in the geographical sense, means the continental United States, Alaska, Hawaii, Puerto Rico, Guam, and the Virgin Islands of the United States. The country shares land borders with Canada and Mexico and maritime (water) borders with Russia, Cuba, and the Bahamas in addition to Canada and Mexico.
Lake-effect snow is produced during cooler atmospheric conditions when cold winds move across long expanses of warmer lake water, providing energy and picking up water vapor, which freezes and is deposited on the leeward shores. The same effect also occurs over bodies of salt water, when it is termed ocean-effect or bay-effect snow. The effect is enhanced when the moving air mass is uplifted by the orographic influence of higher elevations on the downwind shores. This uplifting can produce narrow but very intense bands of precipitation, which deposit at a rate of many inches of snow each hour, often resulting in copious snowfall totals.
The areas affected by lake-effect snow are called snowbelts. This effect occurs in many locations throughout the world but is best known in the populated areas of the Great Lakes of North America, and especially Central New York, Western New York, Northwestern Pennsylvania, Northeastern Ohio, southwestern Ontario and central Ontario, northwestern and northcentral Indiana (mostly between Gary, IN and Elkhart, IN), and western Michigan. The Tug Hill Plateau of New York State has the most snow amounts of any non-mountainous location within the continental U.S., followed by the Upper Peninsula of Michigan, which can average over 200 inches (508 centimeters) of snow per year.
The Erie Belle was a Great Lakes steam ship that exploded along the eastern shore of Lake Huron in 1883. The rusting remains of the ship's boiler lie on a beach south of Kincardine, Ontario.
Finance is the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level, and expected rate of return. Finance can be broken into three different sub categories: public finance, corporate finance and personal finance.