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What would be the LEAST effective way of applying an 'historic sensitivity' to a study of a particular sport?
Financial Crisis
A situation where financial assets suddenly lose a significant part of their nominal value, often leading to bankruptcies and economic downturns.
Regulatory Changes
Modifications or updates in laws and regulations that affect how businesses operate and compete.
Property Rights
The rights to use, control, and obtain the benefits from a good or resource.
External Costs
Costs of a transaction or activity that affect parties who did not choose to incur that cost, often not reflected in the market price.
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