Franchising Has Certainly Become a Key Component of the U

question 190

Essay

Franchising has certainly become a key component of the U.S. economy. What are the major advantages and disadvantages of franchising?

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in GDP.

Measured

Evaluated or quantified using specific criteria or instruments, often used for performance or dimensional assessments.

Per Capita

A measure that divides a statistical quantity by the population who shares it, commonly used to express economic data in relation to people.

GDPs

Gross Domestic Products; the total monetary value of all goods and services produced within a country's borders in a specific time period, serving as a broad indicator of economic health.