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In a brief essay, compare and contrast how the Bafokeng and Native American tribes have formed corporations to achieve specific goals. Use specific examples from the class to illustrate your answer.
Price Level
The total average price level for all domestically produced goods and services.
Base Year
A specific year against which economic growth is measured, serving as a standard of comparison for other years.
National Income
National Income is the total income earned by the residents of a country, including wages, profits, rents, and taxes, minus subsidies, over a certain period of time, often used to assess the economic health of a country.
Wages
Compensation provided to workers for their efforts or tasks, usually determined based on hours worked, daily rates, or the amount of work completed.
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