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Industries with many companies that have successfully differentiated their product have more rivalry.
Socioeconomic Position
A person or group's rank within a societal hierarchy, often determined by factors such as income, education, and occupation.
Multiplicative
Pertaining to or involving multiplication, often relating to processes or effects that are increased exponentially.
Doctors Per Capita
is a measure indicating the number of medical doctors (physicians) available per thousand people in a given population.
High-Income Countries
Nations with very high levels of Gross Domestic Product (GDP) per capita, reflecting substantial economic prosperity and industrial development.
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