Much Research Shows That There Is a Concrete Ceiling That

question 11

Essay

Much research shows that there is a concrete ceiling that generally impedes black Americans, many other Americans of color, and white women from many of the highest-level institutional positions in the U.S. Drawing on the research, explain.

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Definitions:

Oligopolistic Industry

An industry characterized by a small number of firms whose decisions about pricing and output affect each other, often leading to strategic behavior.

Low Barriers

Refers to the minimal obstacles or constraints in entering a market or sector, allowing for easier access for new competitors.

Standardized Products

Goods that are uniform in quality and characteristics, allowing them to be mass-produced and interchangeable.

Barriers To Entry

Elements that obstruct or discourage new entrants from smoothly accessing a market or business sector.