Barriers to entry are challenging but necessary business forces that ensure the highest quality products at the lowest prices for consumers.
Every runner knows how easy it is to reach your destination when the path is clear and the surface level. But when obstacles are added—say a tree falls after a storm, cutting across the roadway—achieving your goal becomes much more challenging.
A taxi driver in 2016, for example, had to pay $2,000 in fees and go through a 33-step process in order to be licensed in Washington, DC, which greatly hindered cab companies’ attempts to compete with ride-sharing apps like Uber and Lyft. Established businesses considered heavyweights in their respective fields often monopolize resources: Standard Oil controlled 95% of the oil produced in the United States at the turn of the century, and while it took an act of Congress to split it up, its descendants, Chevron
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US to build new barriers, roads in Texas border areaThe United States will build additional barriers and roads in a Texas border area that has seen a large number of migrants crossing the border from Mexico, the government said on Thursday.
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Tepeyac Community Health Center breaks down cost and language barriers to health careTepeyac Community Health Center started nearly 30 years ago as a two-room clinic. Now, they are seeing more patients than ever.
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Long Beach installs protective barriers around shop that's endured car crashesAfter years of complaints and two car crashes into their business, a Long Beach antique store is finally getting results.
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Researchers find barriers to driver training and licensure, especially among low-income teensResearchers from the Center for Injury Research and Prevention (CIRP) at Children's Hospital of Philadelphia (CHOP) and the Stuart Weitzman School of Design at the University of Pennsylvania have found that teenagers living in lower-income areas of the Columbus, Ohio metro area are up to four times less likely to complete driver training and obtain their driver's license before age 18.
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Los Gatos updates tobacco ordinance to significantly increase fines for retailersE-cigarettes now included in town’s definition of tobacco products.
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Goodwill Houston 2023 Golf ClassicGoodwill Houston Golf Classic is a way to help Houstonians with job barriers to employment, and Derrick Shore got a chance to see how it changes lives.
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