The Condorcet Paradox Demonstrates That the Order in Which People

question 85

True/False

The Condorcet paradox demonstrates that the order in which people vote on choices may influence the final outcome.

---

Definitions:

Diffusion

The process by which a new idea, product, or practice spreads through a population or society.

Creative Destruction

The continuous process of annihilating old and outdated business models or products to create new ones that benefit the economy.

Patent

An exclusive right given to inventors to produce and sell a new product or machine for 20 years from the time of patent application.

Government

The system or group of people governing an organized community, often a state, and the mechanisms through which state policy is enforced and affairs of the state are conducted.