What Does It Mean for People to Live Mulitlocally

question 2

Multiple Choice

What does it mean for people to live mulitlocally?

• A)Migrants maintain ties with their native lands through phoning, e-mailing, visiting, sending money, and watching ethnic TV.
• B)Individuals from warm climates move north to work during the summer, but move home in the winter.
• C)The indigenous people of a colonized country maintain their own customs while assimilating to the dominant culture.
• D)Families split and live in two different countries to gain the benefits of both.
• E)Offspring live in multiple countries.

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Definitions:

Interdependence

A relationship between entities where they rely on each other for resources, information, or trade.

Oligopolistic Firms

Companies operating in an oligopoly market structure, characterized by a limited number of firms controlling a large portion of the market share.

Price Conspiracy

An illegal agreement between parties to fix prices, limit production, or divide markets, therefore, undermining the competitive market system.

Herfindahl-Hirschman Index

A measure of market concentration that is used to determine the level of competition within an industry.