Identify the Following Terms

question 37

Short Answer

Identify the following terms.
-oligarchy and democracy

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Definitions:

Specialty Restaurants

Restaurants that focus on a specific type of cuisine or dining experience, offering unique and specialized menu items.

Diffusion

Diffusion in the context of business and technology refers to the spread of a product, innovation, or idea through a population or market over time.

GDP

Gross Domestic Product, a measure of the economic performance of a country, assessing the total value of all goods and services produced over a specific time period.

Research and Development

Refers to the activities that companies undertake to innovate and introduce new products or services.