In Recent Years, Industries with High Four- and Eight-Firm Concentration

question 73

True/False

In recent years, industries with high four- and eight-firm concentration ratios include cars, cereal breakfast foods, and farm machinery.

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Definitions:

Roger Williams

A Puritan minister, theologian, and author who founded the Providence Plantations, which became the Colony of Rhode Island, and advocated for separation of church and state.

Anne Hutchinson

A key figure in early American history, known for her role in the Antinomian Controversy, challenging the Puritan orthodoxy and gender roles in the Massachusetts Bay Colony.

Materialistic

Focusing on material objects and physical comfort as more important than spiritual or non-material values.