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Which country used governmental controls to regulate pharmacy rather than self-regulation?
Low Entry Barriers
Conditions that make it easy for new competitors to enter a market, including minimal financial, regulatory, or technological requirements.
Homogeneous Product
A product that is identical in all aspects from all producers, making it indistinguishable among suppliers.
Labor Force Participation
The ratio of the labor force to the total working-age population, indicating the percentage of people working or seeking work.
Professions
Occupations that require specialized education, training, and skills, often associated with professional licensure.
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