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What are the characteristics of monopolistic competition?
Landowners
Individuals or entities that possess legal ownership of land or property, often exercising significant social, economic, or political power.
Trading Centers
Locations known for being hubs of commercial exchange, where goods, services, and currencies are traded extensively.
Amsterdam
The capital city of the Netherlands, known for its historic canals, cultural heritage, and as a major center of commerce and finance.
Seventeenth Century
The period from 1601 to 1700, marked by significant cultural, political, and scientific developments in Europe and around the world.
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