As President,James Polk's Top Priority Was To

question 64

Multiple Choice

As president,James Polk's top priority was to:

• A)restore American prosperity through expanded trade relations with Canada.
• B)secure geographic expansion of the United States,especially through the acquisition of Texas,California,and New Mexico.
• C)commit the United States to protecting Texas independence in perpetuity.
• D)create a political consensus that saw the two major political parties merge into one.
• E)encourage European immigration as a means to fuel American industrialization.

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Definitions:

Marginal Product

Marginal Product is the additional output produced as a result of utilizing one more unit of a particular input, holding all other inputs constant.

Stock Dividends

A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Factors of Production

The inputs used in the production of goods or services; traditionally includes land, labor, capital, and entrepreneurship.

Marginal Product

The additional output a firm gains from employing one more unit of input, holding the levels of all other inputs constant.