Identify and State the Historical Significance of the Following

question 93

Short Answer

Identify and state the historical significance of the following:
-​New Frontier

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Definitions:

Competitors

Other businesses or individuals that offer similar products or services within the same market, competing for the same set of customers.

Market

An area or arena in which commercial dealings are conducted.

Alternatives

Other options or choices available in a given situation, often considered when the primary option is not viable.

Substitute

An alternative product or service that a consumer can choose over another, often influencing competitiveness and market dynamics.