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If a technological advance expands output and requires a smaller investment in capital goods, this technological advance
Illegal Immigrants
Individuals who enter or reside in a country without the legal permission of that country's government.
Economic Ladder
A metaphorical representation of economic hierarchy in society, indicating different levels of income and social status.
American Manufacturing
The sector of the United States economy that is involved in the production of goods within the country, historically pivotal to its economic development.
Tariffs
Taxes imposed by a government on imported or exported goods to regulate trade and protect domestic industries.
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