Examlex
Explain how the Grameen bank has helped address the problem of poverty while minimizing the risk of default?
Concentration
The degree of market power held by a few companies within an industry, often measured using indices like the HHI.
Economies of Scale
The reduction in per-unit cost as the volume of production increases, due to factors like specialization and bulk purchasing.
Oligopoly
A market structure characterized by a small number of large firms that dominate the market, leading to limited competition and the potential for collusion or price setting.
Government Regulation
The laws and rules put in place by the government to control the way businesses can operate, often with the aim of protecting consumers, workers, and the environment.
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