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The deadweight loss from a tax is equal to one half of
Seven Years' War
A global conflict that took place between 1756 and 1763, involving most of the great powers of the time and affecting Europe, North America, Central America, the West African coast, India, and the Philippines.
Rapidly Expanding Empire
Refers to a quick growth in the territorial size and influence of an empire, often seen through colonization, conquest, or annexation.
Great Spirit
A central figure in various Indigenous religions in North America, often conceived as a supreme deity or spiritual force that oversees the universe.
Pontiac
A leader and war chief of the Ottawa tribe, best known for his role in Pontiac's Rebellion (1763–1766), which sought to resist British military occupation of the Great Lakes region.
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