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In the structure-conduct-performance model what are the industry characteristics that lead to low profitability?
Witchcraft Crisis
A period, particularly during the Salem witch trials in colonial Massachusetts, characterized by hysteria and the persecution of individuals accused of witchcraft.
Puritans
English Protestants from the 16th and 17th centuries who aimed to cleanse the Church of England of its Catholic customs.
Middle Passage
The sea journey undertaken by slave ships from West Africa to the Americas, a central part of the Atlantic slave trade where millions of Africans were forcibly transported to the New World.
Africans
Refers to individuals from Africa, the second-largest continent, with diverse cultures, languages, and historical backgrounds.
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