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With respect to the Somoza dictatorship, the United States
Private Sector
The private sector encompasses businesses and activities not owned or directly managed by the government, operating primarily through the private enterprise and market system.
Balanced Budget
A financial situation where revenues are equal to expenditures, resulting in no deficit or surplus.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, visible in real GDP, real income, employment, industrial production.
Constitutional Amendment
A formal change or addition to a constitution, often requiring a specific process and approval to be enacted.
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