One Way DeBeers Managed to Maintain Control Over the Diamond

question 89

Multiple Choice

One way DeBeers managed to maintain control over the diamond industry was to:

• A)continue to be the sole diamond producer by buying all existing diamonds.
• B)create the illusion of no close substitutes through marketing.
• C)punish consumers who sought to store their wealth in diamonds.
• D)All of these statements are true.

---

Definitions:

Narcotic

Substances that bring relief from pain and induce sleep, often associated with dependency or addiction potential.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often used recreationally for its euphoric effects but illegal and associated with serious health risks.

Willingness

The quality or state of being prepared to do something; readiness.

Disinhibition

Disinhibition is a reduction in restraint or inhibition which can lead to impulsive actions that may seem out of character under normal circumstances.