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Mid-20th Century
Refers to the period approximately from the 1940s to the 1950s, marking significant global events including World War II and the beginning of the Cold War.
Capital Formation
The process of building up the capital stock of a country through investing in productive plants and equipment.
Rate of Savings
The proportion of disposable income that is saved rather than spent on goods and services.
Hours Worked
The total number of hours spent by employees performing tasks as part of their employment.
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