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When the marginal productivity of labor decreases, the demand curve for labor in a perfectly competitive market
Democratic Party
One of the two major contemporary political parties in the United States, historically associated with progressive policies and social liberalism.
Monroe Doctrine
A principle of US foreign policy, articulated by President James Monroe in 1823, which opposed European colonialism in the Americas and declared any intervention in the Western Hemisphere as a threat to US security.
Manifest Destiny
A 19th-century doctrine or belief that the expansion of the United States throughout the American continents was both justified and inevitable.
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