Examlex
If the ratio between current and potential levels of market demand is close to one, what can you infer about the industry's market-penetration index and the growth potential of the firms in the industry?
Colonization
The process by which a central system of power dominates the surrounding land and its components, often leading to the exploitation and oppression of indigenous peoples.
Joint-Stock Companies
These are businesses owned by shareholders who invest money in the company in exchange for a share of the profits and losses.
Overseas Trading
The act of buying and selling goods and services across international borders, allowing countries to expand markets and gain access to foreign products.
English Privateers
Privately owned ships sanctioned by the English government during the 16th to 18th centuries to conduct raids on enemy shipping and settlements.
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