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Jake's father takes him to the barber for his first real haircut. At first, Jake is excited, but as soon as the barber makes the first cut in his hair he becomes very upset and tells his father to make the barber stop. In spite of his father's efforts to assure Jake that his hair will grow back, Jake is exhibiting the characteristic known as _____.
Economic Drain
A situation where wealth or resources are transferred out of an economy, often due to unfavorable trade balances, colonial exploitation, or remittances.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, transforming manual labor-based economies into ones dominated by industry and machine manufacturing.
Wool Shortage
A period when the supply of wool falls significantly short of demand, leading to increased prices and potential economic impact.
Plantation Owners
Individuals who owned large agricultural estates, historically in the southern United States, where slavery was often utilized.
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