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Which Theory Argues That It Is Cultural and Social Differences

question 58

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Which theory argues that it is cultural and social differences that have caused the economic disparity in the world today?


Definitions:

Trialability

Refers to the degree to which an innovation can be experimented with on a limited basis before its full-scale adoption.

Free Samples

Products given to consumers free of charge to introduce new offerings and encourage trial and purchase.

Disruptive Technology

An innovation that significantly alters the way that industries operate, often displacing established products.

Product Line

A series of related products offered by a single company, designed to serve a particular market segment or fulfill a range of consumer needs.

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