The government in Chile recently informed Mario’s company that his retail grocery chain in Chile would have to be gradually turned over to the people of Chile by the year 2050 as it is a foreign company in Chile. Additionally, starting the following year, 50 percent of the board of directors of the Chilean operation of the company must be Chileans. What political risk action is Mario’s company facing in Chile?

Domestication

Explanation:

Mario´s company is facing a risk called Domestication. Domestication is a political takeover process where a country's government, through a series of decrees, laws or other political measures gradually changes foreign company ownership to national control. In this case. In this case, Chile´s government is gradually taking over Mario’s ownership, which is a foreign investment, to national control by the people of Chile.  

the minoan civilization flourished in the middle bronze age on the island of crete located in the eastern mediterranean from c. 2000 bce until c. 1500 bce. with their unique art and architecture, and the spread of their ideas through contact with other cultures across the aegean, the minoans made a significant contribution to the development of western european civilization as it is known today. labyrinth-like palace complexes, vivid frescoes depicting scenes such as bull-leaping and processions, fine gold jewelry, elegant stone vases, and pottery with vibrant decorations of marine life are all particular features of minoan crete.  

so basically their unique way of ding arts, as well as architecture.