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Until the mid-to-late nineteenth century, Indigenous societies were mostly viewed as separate nations, with whites advocating for all the following EXCEPT:
Debt
Money that is owed or due to be paid to someone else, often as a result of borrowing funds or purchasing goods and services on credit.
Fixed Costs
These are expenses that do not change with the level of goods or services produced by the business within a certain range of activity or over a certain period.
Break-Even
The point at which total costs and total revenues are equal, leading to no net loss or gain.
Variable Costs
Expenses that change in proportion to the activity of a business.
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