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What Are the Advantages and Disadvantages of Being a First

question 14

Essay

What are the advantages and disadvantages of being a first mover, second mover, and late mover?


Definitions:

1940s

A decade marked by major global events including World War II and the beginning of the Cold War, influencing global politics, society, and culture.

Merchant Marine

Refers to a country's commercial, non-military fleet, including both the ships and their crews, engaged in the transport of goods and passengers over sea.

Segregation

The compulsory segregation of distinct racial communities in a society, neighborhood, or organization.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

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