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According to Astell, "Knowledge in a Proper and Restricted Sense

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According to Astell, "Knowledge in a proper and restricted sense, and as appropriated to science, signifies that clear perception which is followed by a firm assent to conclusions rightly drawn from premises of which we have ..."


Definitions:

Labor and Capital

The primary factors of production where "labor" refers to workforce efforts and "capital" denotes tools, machinery, and buildings used in production.

Creative Destruction

A process in which new inventions and technologies create new industries and ways of doing things, leading to the demise of older industries and practices.

DVDs

Digital Versatile Discs, a type of optical storage media used for storing digital data including video, audio, and computer files.

Videocassettes

Magnetic tape media used for storing video recordings, now largely obsolete due to digital technology.

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