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Is the Developing World Moving Toward Centralized Planning or Free

question 14

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Is the developing world moving toward centralized planning or free markets? Justify your answer.


Definitions:

Vitaphone Technology

Refers to an early method for sound film production and presentation using analog sound-on-disc technology developed by Western Electric and Warner Bros.

Western Electric

An American electrical engineering and manufacturing company that played a crucial role in the development of sound cinema technology in the early 20th century.

Sound-on-disc

An early method of synchronizing sound for motion pictures, where the audio was recorded on a disc separately from the film.

Vitaphone

An early sound film system used for feature films and nearly 2,000 short subjects produced by Warner Bros. and its sister studio First National from 1926 to 1931.

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