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According to Benjamin Franklin, a relatively liberal U.S. founder, the ideal of the virtuous American was grounded in whiteness.
Real Income
An individual's income adjusted for inflation, reflecting the actual purchasing power of the income.
Producing Automobiles
The process of manufacturing cars, which involves assembling various components like engines, frames, and electronics.
Productivity
A measure of the efficiency of production, often calculated by dividing total output by the total inputs used in the production process.
Demand
The amount of a good or service that buyers are ready and capable of buying at different price levels over a given time frame.