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Part IIntroduction to Economic Concepts

Picture taken sometime back in the year 1925 in New Zealand. Nine persons standing at different levels of a pole-mounted transformer substation construction site. — Construction of a pole-mounted transformer substation, Waitaki Electric Power Board, New Zealand, ca 1925 (Source: Neil Rennie, Power to The People: 100 Years of Public Electricity Supply in New Zealand, Electricity Supply Association of New Zealand)

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