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Explain the reasoning Sutton used when proposing the chromosome theory of inheritance in 1903.
Depression
A severe and prolonged downturn in economic activity, marked by significant declines in income, employment, and production, often more severe than a recession.
Gross Investment
The total amount spent on purchasing or constructing new capital goods over a specific time period, without accounting for depreciation.
Net Investment
Net investment refers to the total amount spent on purchasing new capital minus the depreciation on existing capital, indicating the growth of a company or economy's productive capacity.
Capital Goods
Long-lasting goods acquired and used by businesses to produce other goods and services, contributing to their operational capabilities.
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