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One unsuspected consequence of China's one-child family rule is
High Concentration
Refers to a market situation where a small number of firms hold a large market share, indicating less competition.
Creative Destruction
A process in which technological innovation and progress lead to the phasing out of older industries, products, or methods, fostering new growth.
New Products
Items that have been recently introduced to the market, offering new benefits or improvements over previous versions or filling a previously unmet need.
Monopoly Market Positions
Situations where a single firm dominates the market, either in terms of sales, market share, or influence on the product itself.
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