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What was the "American system of manufacturing"? Why did it intrigue Europeans? What were its advantages?
Foreclosure
The legal process by which a lender seizes and sells a property after the borrower fails to meet the terms of the mortgage.
Crisis
A critical, potentially destabilizing situation requiring a decision or change, often leading to significant personal or collective development.
Commitment
The state or quality of being dedicated to a cause, activity, or relationship.
Coherent Conception
A clear and logically connected idea or understanding of a complex aspect or entity.
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