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In the five-factor theory, the dimension that differentiates people who are imaginative, curious, and bold from people who are concrete and practical is called
Competing Firms
are companies operating in the same industry or market that offer similar products or services to consumers.
Government Regulate
The activities undertaken by government authorities to control or oversee specific industries, practices, or market activities usually to ensure public welfare or fair market competition.
Economic System
The structure of methods and principles a society uses to produce and distribute goods and services.
Price Mechanism
The way in which the forces of supply and demand determine the price of goods and services in a free market.
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