Until Recently,most Other Advanced Countries Did Not Have Policies That

question 220

True/False

Until recently,most other advanced countries did not have policies that prohibited price fixing.

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Definitions:

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Culture

The collective norms, values, beliefs, and behaviors that define an organization and influence its members' interactions and decision-making.

Tight Culture

A culture that has rigid social norms and that expects members to conform with them.

Norms

The unwritten rules that dictate the social and expected behaviors within a group or society.