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Three reasons for the rise and fall of industries are
Contagion Theory
A sociological theory that suggests ideas and emotions can spread through populations like infectious diseases.
Contagion Theory
A theory in social psychology that suggests ideas, attitudes, and behaviors spread through groups like diseases, influenced by the power of the crowd.
Convergence Theory
The idea that societies and cultures will grow more similar over time as they adopt and implement similar technologies and organizational structures.
Emergent Norm Theory
A sociological perspective that emphasizes the development of new norms to guide behavior in a crowd situation, often arising suddenly in response to an immediate situation.
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