Examlex
In the years 1900-1920 progressivism enjoyed widespread support among the American public. Why were progressives of the 1920s, including La Follette's Progressive party, so ineffective and uninfluential? What happened to the once-powerful progressives and their ideals?
Equitable Allocation
The fair and just distribution of resources among different groups or individuals.
Gains From Trade
The increase in utility or welfare that countries or individuals can achieve by specializing in the production of goods they are relatively more efficient at and exchanging them.
Decisions At Margin
The process of making decisions based on the additional benefit or cost of one more unit of change rather than on a total or average outcome.
Spending
The amount of money paid out or expended, typically on items or services.
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