Examlex
A criticism of the argument that trade has been an important cause of increased U.S. Wage inequality in recent decades is that, if trade were an important cause, the nontraded Goods industries would have responded to the __________ in the price of skilled labor Relative to unskilled labor by using skilled labor relative to unskilled labor.
Party Platform
A formal set of principle goals which are supported by a political party or individual candidate, in order to appeal to the general public during a campaign.
Populist Movement
A political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.
Small Farmers
Individuals or businesses that operate smaller plots of land, typically producing agricultural goods on a scale smaller than commercial farms.
Inflation
The rate at which the general level of prices for goods and services is rising, and subsequently, eroding purchasing power.
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