What Term Is Used to Describe a Small Group That

question 76

Short Answer

What term is used to describe a small group that ranges from 2 to about 12 individuals,averaging about 5 to 6 individuals,and can form because adolescents engage in similar activities?

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Definitions:

Mercantilism

An economic theory and practice that promotes government regulation of the nation's economy to increase state power at the expense of rival national powers.

Trade Surplus

A situation where a country's exports exceed its imports over a given period.

Sovereign Country

An independent state that possesses full self-government and is not controlled by another state.

Porter's Diamond Model

A framework for analyzing the competitive advantage nations or regions possess due to four key factors: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry.