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What helps explain Germany's failure to develop real political democracy prior to World War I?
Economic Well-Being
The level of prosperity and standard of living enjoyed by an individual, group, or nation, often measured through indicators like income, poverty rates, and unemployment.
GDP Deflator
A metric for assessing the price rates of all freshly created, domestic final goods and services in an economy.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in real terms.
Net Exports
The value of a country's total exports minus its total imports, representing the net effect of foreign trade on an economy's GDP.
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