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Describe the specification of a structural model.
Great Depression
A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, poverty, and deflation, affecting many countries globally.
World War I
A global conflict that occurred from 1914 to 1918, involving many of the world's nations and marked by significant military battles and political changes.
Rate of Globalization
The speed at which integration and interdependence of national economies, cultures, and societies increases.
British Puritan Settlers
Early settlers from England, often of the Puritan faith, who immigrated to North America in the 17th century seeking religious freedom and shaping early American society.
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