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Advanced topic: Using the structural model of the two-way analysis of variance,the first computation is the overall deviation of the score from the grand mean.Next,the deviation of the score from its cell's mean,the deviation of the score's row's mean from the grand mean,and the deviation of the score's column's mean from the grand mean are computed.The remaining deviation is the basis of
Trade
The act of buying, selling, or exchanging goods and services between people, states, or countries.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his works "The Wealth of Nations," which laid the foundations of classical free-market economic theory.
European Colonization
The process by which European powers occupied and controlled lands outside their continent, starting in the late 15th century, often resulting in significant cultural and economic changes.
"Discovery"
Often refers to the European "discovery" of lands outside of Europe, although these lands were already inhabited, marking the beginning of colonization.
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