IDs and Paired-Concept Questions

question 27

Short Answer

IDs and Paired-Concept Questions
These terms can be used individually as short-answer identification questions, or they can be used in pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two terms and (2) the relationship between them.
-Small economy,open economy

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Definitions:

International Sociographic Study

A research approach analyzing how societal and cultural factors impact behaviors and trends on a global scale.

Trade Secrets

Information, including formulas, patterns, compilations, programs, devices, methods, techniques, or processes, that derives economic value from not being generally known and is subject to efforts to maintain its secrecy.

Economic Espionage

The act of secretly gathering confidential economic information or trade secrets from competitors for competitive advantage.

Proprietary Information

Confidential business information that provides an enterprise with a competitive edge, such as patents, trade secrets, and special recipes.