The Monroe Doctrine Declared That

question 63

Multiple Choice

The Monroe Doctrine declared that

• A) the United States had a "manifest destiny" to colonize North America.
• B) European powers should not engage in new colonization of the American continents.
• C) Cuba should come under the control of the United States.
• D) European powers should abandon all their interests in the Western Hemisphere.
• E) the United States reserved the right to involve itself in European affairs.

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Definitions:

Shortage

A situation where the demand for a product or service exceeds its supply in a market, often leading to rising prices.

Equilibrium Quantity

The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market price.

Supply Increases

A situation where the quantity of a good or service that producers are willing and able to sell at a specific price rises.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market stability.