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Who was the founder of the monopoly?
The founder of the monopoly was in the 19th century in the US with Bell Light company. They were the only providers of electricity in the entire world. This therefore generated the first monopoly that mankind ever knew.
When the government creates a monopoly the social loss may include what?
the cost of lawyers and lobbyists hired to convince lawmakers to continue the monopoly.
Why did the colonies object to the tea act?
The Tea Act ended a number of restrictions but retained the monopoly on shipping tea to the colonies. Only the British East India Company could ship tea to the colonies. Parliament and the King insisted on showing they were still all powerful. So, the objection was more a power struggle than anything else.
What is Trust-busting?
Trustbusting is the act of taking a conglomeration of companies to court and trying to prove that they are inhibiting free trade. If found guilty the conglomerate would then be broken up into smaller companies, thus preventing a monopoly.
What is the control of the market by a single enterprise called?
monopoly? The control of a market by a single enterprise that is the only source of supply is a monopoly. Control by a single enterprise that is the only source of demand is a monopsony.
The control of a commodity or service by a small number of large powerful companies is called?
monopoly
What is a monopoly and what are the benefits to owning a monopoly?
A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly
What is a monopoly and explain the benefits to owning a monopoly?
A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly
What is the most powerful and richest trading company in history?
Dutch East India Company (EIC). They held a monopoly on the entire tea trade in the 15-16th centuries, and essentially brought the pastime of tea drinking to Europe. They also had an entire military to themselves, complete with a very powerful navy in order to protect their trade routes and keep their monopoly on the tea trade
Who tried to squeeze money out of the US for the panama canal?
The freaking FRENCH. france, yep, even though JP morgan dodged Roosevelts monopoly break ups by using tons of his us steel to build the canal, the frenchies wanted money because it was their idea?
Kinds of monopoly?
There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior
Use monopoly in a sentence?
Jane has a monopoly in that area. Mary has a monopoly of banks.
Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
What do you need for monopoly?
a game of monopoly
What is Spanish Monopoly?
Monopoly in spanish is...
What are the the Monopoly characters?
monopoly man
What are some sentences using the word monopoly?
"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."
