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It Has Been Claimed That the Frontier Acted as a "Safety

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Essay

It has been claimed that the frontier acted as a "safety valve" for the East, allowing the discontented and certain immigrantsto begin an alternative life on the frontier. To what extent does this seem to have been true?


Definitions:

Gross Pay

The total amount of an employee's earnings before any deductions are made for taxes, benefits, and other payroll deductions.

Voluntary Deductions

Deductions from an employee's paycheck that are made with the employee's consent, such as for benefits, union dues, or retirement plans.

Interest-Bearing Note

A debt security that pays interest to the holder until it matures, at which point the principal is reimbursed.

Discounting

The process of determining the present value of a payment or a stream of payments that is to be received in the future.

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