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What Are WASPs? How Do They Differ from "White Ethnics

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What are WASPs? How do they differ from "white ethnics"?


Definitions:

Marginal Social Benefit

The supplementary benefit to the community achieved by consuming or producing an extra unit of a good or service.

Computer Chips

Small electronic components that perform various computing functions within digital devices.

Technology Spillover

It refers to the situation where innovations and improvements made by one company or country benefit others beyond the original inventor or innovator.

Emissions Taxes

Levies imposed by governments on the emission of pollutants, aimed at reducing environmental damage by making it costly to pollute.

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