<span> The </span>Albany Plan of Union<span> was a </span>plan<span> to place the British North American colonies under a more centralized government. ... Representatives of the colonial governments adopted the </span>Albany Plan<span> during a larger meeting known as the </span>Albany<span> Congress.</span>
Smith is also known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2 According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.
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Shays’ Rebellion was a series of violent attacks on courthouses and other government properties in Massachusetts that began in 1786 and led to a full-blown military confrontation in 1787. The rebels were mostly ex-Revolutionary War soldiers-turned farmers who opposed state economic policies causing poverty and property foreclosures
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