Dominant Designs Emerge Because They Solve a Practical Problem,as a Result

question 47

True/False

Dominant designs emerge because they solve a practical problem,as a result of the negotiations of independent standards bodies or because of critical mass.

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Definitions:

Economic Freedom

The ability of individuals to make their own economic decisions, including the decisions to buy, sell, and produce, with minimal government intervention.

Heritage Foundation

A conservative think tank based in the United States that conducts research and advocacy on public policy issues.

Hong Kong

A Special Administrative Region of China known for its vibrant economy and status as a global financial center.

Division of Labor

The assignment of different parts of a manufacturing process or task to different people to improve efficiency.