Examlex
Routine activity theory states that crime occurs at the intersection of
Few Competitors
A market condition where only a small number of firms operate, often leading to higher prices and reduced competition.
Oligopoly
Market structure in which relatively few sellers compete and high start-up costs form barriers to keep out new competitors.
Planned Economy
Economic system in which government controls determine business ownership, profits, and resource allocation to accomplish government goals rather than those set by individual firms.
Mixed Market Economy
features both private and public enterprise, blending elements of capitalist and socialist economic systems.
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