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Describe the Columbian Exchange in detail including key elements that you believe to be of special significance as examples.
Theory of Competition
An economic theory that describes how individuals and firms compete within a market to maximize their benefits, usually through price, quality, and innovation.
Cyclical Theory
A theory suggesting that events or phenomena occur in predictable cycles, often applied to economics and history.
Conflict Theory
A sociological perspective that views social life as a competition for scarce resources, emphasizing the role of power and inequality in causing social conflict and change.
Value-Added Theory
A sociological theory related to social movements, suggesting that certain conditions must be met for collective behavior to emerge, leading to social change.
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