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At the Time of Writing, the Top Three Providers of Exchange-Traded

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Essay

At the time of writing, the top three providers of exchange-traded funds in the United States were Blackrock, Vanguard, and State Street which accounted for almost 80% of the market. How does such concentration relate to economies of scale?


Definitions:

Geologist

A scientist who studies the Earth, including its composition, structure, processes, and history, often focusing on minerals, rocks, and geological features.

Lithosphere

The rigid outer layer of the Earth, consisting of the crust and the upper part of the mantle.

Rock and Soil Samples

Material collected from the Earth's surface or subsurface for analysis to understand geological and environmental conditions.

Fossil Fuels

Natural resources, such as coal, oil, and natural gas, formed from the remains of ancient plants and animals, used for energy.

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