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The first permanent English settlement in the New World was established in
Citizens
Members of a particular nation or state who are recognized under the law as legal members of that nation, entitled to rights and subject to its obligations.
Specialization
Concentrating on a narrow area of expertise or production to increase efficiency and output.
Opportunity Cost
The financial impact of bypassing the subsequent top alternative during decision-making.
Trade
The exchange of goods or services between parties.
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