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________ Refers to a General Rise in the Price Level

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________ refers to a general rise in the price level of goods and services over time.


Definitions:

Labor System

An organizational scheme for the division of work and allocation of workers to tasks, characterized by various forms including slavery, serfdom, wage labor, and others, depending on the historical and cultural context.

Emancipated Slaves

Former slaves who have been freed from slavery, often after legal abolition or through individual manumission.

Plantation Owners

Individuals or corporations who owned large agricultural estates typically worked by enslaved people or laborers.

Wade-Davis Bill

A 1864 proposal for the Reconstruction of the South written by Radical Republicans Benjamin Wade and Henry Winter Davis, which required a majority of a former Confederate state's white males to swear allegiance to the Union before restoration.

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