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A government should use subsidies to support promising firms that are active in newly emerging industries,according to
Charleston
A historic port city in South Carolina, known for its rich history, well-preserved architecture, and role in both the American Revolution and Civil War.
Aristocrats
Individuals of noble status or high social rank, often possessing significant wealth, influence, or hereditary titles.
Social Obligations
Duties or responsibilities of individuals to participate and contribute to their community and society at large, often tied to cultural, ethical, or legal expectations.
Colonial Elite
Colonial Elite refers to the small, wealthy, and powerful group of individuals in colonial societies who often held significant economic, political, and social influence over the territories they controlled.
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