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The Chinese leader ____________________ had the idea to encourage some aspects of capitalism while keeping China basically socialistic.
Sociocultural Influences
Factors in society and culture that affect individuals' behaviors, preferences, and attitudes, impacting consumer decisions and trends.
Consumer Behavior
The study of how individuals or groups select, purchase, use, and dispose of goods, services, ideas, or experiences.
Social Class
A division of a society based on social and economic status.
Joint Decision Making
A collaborative process where two or more parties come together to make a decision on a particular issue, ensuring that all perspectives and interests are considered.
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