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How did industrialization and urbanization affect art in the late nineteenth century?
Real Income Per Capita
A measure of the average income earned per person in a given area adjusted for inflation, reflecting the actual purchasing power of individuals.
Per Capita Income
The average income earned per person in a given area in a specified year, used as an indicator of the economic health of a region.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by the change in Real GDP.
Labor Productivity
A measure of economic performance that compares the amount of goods and services produced (output) with the number of labor hours used to produce them.
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