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Maria has a history project to complete. First, she makes a list of the events that relate to her topic. She decides which ones are the most interesting and then creates several sample outlines, each with a different combination of events. She then researches all of the events at the library and on her computer. Last, she selects the outline that will work best, given the information she was able to find on particular topics and how interesting each one was, and revises it if necessary. Now she is ready to begin writing. According to Jerome Kagan, Maria exhibits which of the following?
Government-created Monopolies
Monopolies that are established or maintained by the government, often by granting exclusive rights or privileges to a single entity or organization.
Welfare Loss
A decrease in the overall economic well-being of a society, often resulting from inefficient resource allocation or market failures.
Public Ownership
Ownership of assets by the government or state, usually in sectors considered critical for public welfare.
Barriers To Entry
Barriers to entry are obstacles that make it difficult for new competitors to enter a market, including high startup costs, strict regulations, and established brand dominance.
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