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Jonathan Lopez wants to be his own boss and ventures into retailing fruit in the neighborhood after borrowing some money from his mother. While obtaining a license to carry out business in his city, Jonathan mentions the money he borrowed but forgets to specify what type of business undertaking his store will be. Under which of the following major forms of business is Jonathan's store listed by default?
Elite Theory
A theory in sociology and political science that suggests societies are divided between a small ruling elite and the masses, with the elite exercising significant power over resources and decision-making.
Sociologists
Researchers who analyze the social phenomena, interactions, and structures within human groups and societies.
Political Power
Refers to the ability or authority to influence people's behavior or the course of events, often within the context of governance and policy-making.
Regional Dynamic
The evolving economic, social, and political processes that influence the development and character of a specific geographic region.
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