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Final answer:
Wealthy Americans in the late eighteenth century lived luxuriously, had political power from inherited wealth, and were far from being poor laborers.
Explanation:
Wealthy Americans of the late eighteenth century did not live modestly and often engaged in leisure. Many owed their elite status and political power to inherited wealth and family connections, rather than starting out as poor laborers. They had significant political power and were often associated with luxury and excess.
Learn more about Lifestyle of Wealthy Americans in the Late Eighteenth Century here:
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