Examlex
An external block preventing a corporation from moving from one stage to another is
Competitive Markets
Markets characterized by many buyers and sellers where no single participant has significant influence over market prices.
Median-Voter Model
A theoretical model in political science suggesting that the outcome of a majority-vote election is most likely to represent the preferences of the median voter.
Political Office Seeker
An individual who campaigns for or aspires to hold a position in government.
Extensive Government Spending
A fiscal policy where the government spends significant resources on public services, programs, and projects to stimulate economic growth or achieve social objectives.
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