Examlex
Why does a profit-maximizing firm hire labor up to the point where the value of marginal product equals the wage rate?
Nazi Dictator
Refers to Adolf Hitler, who led Germany from 1933 to 1945 under the National Socialist (Nazi) Party, resulting in massive global conflict and atrocities.
Isolationist Tide
Refers to a period or sentiment where a nation or its people favor non-involvement in international agreements, wars, or alliances, preferring a focus on domestic issues.
Franklin Roosevelt
The 32nd President of the United States (1933-1945) who led the country through the Great Depression and World War II, known for his New Deal programs aimed at economic recovery and social reform.
League of Nations
An international organization established after World War I aimed at ensuring peace and cooperation among countries, the precursor to the United Nations.
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