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      <title>Rich and Poor, Then and Now by Hudson Caswell</title>
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      <pubDate>2023-05-15 19:25:07 UTC</pubDate>
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         <title>Economics of Feudalistic France</title>
         <author>hudsoncaswell</author>
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         <description><![CDATA[<div>1.) In France in the 1700s, wealth was often unevenly divided. Massive land owners and powerful royals controlled most of the wealth in France at that time.&nbsp;<br><br>2.) There was not an equal opportunity for those not born into wealth to become nearly as wealthy as the ruling class.&nbsp;<br><br>3.) Heavy taxes levied against farmers prevented them from making any money off of their crops. Most of the money that they would have made went directly into the pockets of the royal family<br><br>4.) Meanwhile, in the extravagant palaces of the royal family, month-long parties were being thrown. All of them were paid for by the back-breaking work of the French peasants.&nbsp;<br><br>5.) The system of government in place in France did not allow for much upward mobility between economic classes. There was never a way for a poor farmer to truly escape poverty.</div>]]></description>
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         <pubDate>2023-05-15 19:50:39 UTC</pubDate>
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         <title>Economics of Modern-Day United States</title>
         <author>hudsoncaswell</author>
         <link>https://padlet.com/hudsoncaswell/8gpmvbjku05cxbf2/wish/2596696489</link>
         <description><![CDATA[<div>1.) In the United States today, the economy is a point of great controversy. The majority of wealth is controlled by a few people and their taxation is constantly debated.<br><br>2.) There is much more opportunity for the average person to grow their own wealth due to the laws of our country.<br><br>3.) Taxes are still a point of controversy, but overall, people can keep much more of their own revenue and/or salary. Taxes are also used to build roads and finance the military which allows a more suitable business environment in the country.<br><br>4.) The usage of wealth by our government today is still a point of discussion, but the spending is not so extravagant that it forces the majority of the country into poverty. Citizens are still affected by the spending of the government today, but not near as much as in Feudalistic France.<br><br>5.)&nbsp;&nbsp;The class system in the US is much less rigid than that of France in the 1700s. Upward mobility is very possible in the United States due to our capitalistic society. Businesses will value those who work hard and can make them the most money, as opposed to France where royal bloodlines were more important than merit.</div>]]></description>
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         <pubDate>2023-05-18 19:42:10 UTC</pubDate>
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         <title></title>
         <author>hudsoncaswell</author>
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         <pubDate>2023-05-18 20:05:20 UTC</pubDate>
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