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What Is a Unit of Account? Why Is It Useful

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What is a unit of account? Why is it useful for an economy to have a unit of account?


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Puritan Communities

Religious settlements primarily in colonial America, established by Puritans who sought to live and govern according to their strict religious beliefs.

Colony Leaders

Individuals who played significant roles in the administration, settlement, and governance of colonies, especially during periods of exploration and colonization.

John Winthrop

A prominent Puritan leader and the first governor of the Massachusetts Bay Colony, remembered for his vision of the colony as a "city upon a hill," emphasizing a society governed by religious principles.

Civil Liberty

The rights of citizens to freedom of speech, privacy, and fair treatment under law, as protected by the constitution and other legal provisions.

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