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Who Created the Orange Free State and the Transvaal

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Who created the Orange Free State and the Transvaal?


Definitions:

Efficiency Wages

Salaries set above the market equilibrium, intended to increase productivity and efficiency by attracting better employees, reducing turnover, and motivating workers.

Above-equilibrium Wages

Wages set higher than the market equilibrium wage, often used by employers to attract better talent, reduce turnover, or motivate employees.

Better Performance

Refers to an improvement in efficiency, effectiveness, or outcomes in any given task or operation.

Human Capital

The capabilities, understanding, and expertise held by a person or group, considered in light of their worth or expense to a company or nation.

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