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Who established a monopoly in banking and railroads?
J P Morgan
Do Monopoly properties come in twos?
Two's, Three's, and there are four railroads.
4 r r on a m b?
"Four RailRoads on a Monopoly Board."
What is the difference between the term 'monopoly' and 'natural monopoly'?
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
What are the four railroads called on Monopoly?
Reading, Pennsylania, B&O, and Short Line
how many railroads in monopoly?
The Reading, Shortline, Pennsylvania, and B&O - so there are 4.
Is a diamond a natural monopoly?
No.
How much do stations cost in Monopoly?
The railroads cost 200 dollars each.
How could the government and private citizens have done more to curb the curruption and power of the railroads?
The government could have stepped in and created limits and laws to stop the monopoly and corruption on the railroads.
What are the four conditions in place in a perfectly competitive market?
the economy Major of those four are the natural monopoly. geographic monopoly, govrnement monopoly. technological monopoly.
A monopoly permitted by and regulated by the government for its greater social good such as a telephone company?
natural monopoly
How a government is involved in creating a monopoly?
The government can create a monopoly when, in doing so, it is in the interest of the public good.
