Examlex
The existence of financial intermediaries greatly increases the efficiency of financial markets because, without them, savers would have to provide funds directly to borrowers, which would be a costlier process.
Tariffs
Taxes imposed on imported goods, typically used to protect domestic industries and regulate trade.
Calhoun
Refers to John C. Calhoun, an American statesman and political theorist from South Carolina, who served in various high positions including Vice President of the United States.
Adams
Refers to John Adams, the second President of the United States, and his son John Quincy Adams, the sixth President, both of whom played significant roles in American history.
Presidential Campaigns
The period during which presidential candidates in the United States actively promote themselves and their policies to the electorate, leading up to the national election.
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