Describe an Example of How Mainstream Values Can Change or Fall

question 66

Essay

Describe an example of how mainstream values can change or fall out of favor.

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Definitions:

Game Theory

A branch of mathematics and economics that analyzes strategies in competitive situations where the outcome depends on the actions of all participants.

International Cartel

A consortium of independent organizations formed to limit competition and control prices in international markets.

OPEC

The Organization of Petroleum Exporting Countries, a consortium of countries that coordinates and unifies the petroleum policies of its member countries to secure fair and stable prices for petroleum producers.

OPEC

The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 13 oil-producing countries that coordinates and unifies petroleum policies among member countries.