What is a monopoy?

Anonymous

∙ 14y ago

Monopolistic Competition (characteristics, social impacts and solution). I have tried to find a

typical example but have yet succeeded. Could you search for some Web

links that help me find the statistics and general operation of a

typical monopoly market as well as the appropriate regulations from

government?

Wiki User

∙ 14y ago

What else can I help you with?

Why was vasco da gama's discovery of an all water route to india so important to portugal?

Commerce was the main reason that all the major European nations were seeking a water route to Asia. The spices and other trade items found in places like Japan(Cipango), China (Cathay), the Spice Islands (Indonesia), and India, could be purchased and resold back in Europe but the overland routes were so dangerous, too long, and expensive, that the profits made were not worth the risky investments. If Portugal could find a water route to Asia they could challange the Italian monopoy on Asian trade, they had an established government willing to train sailors and invest in the attempt to discover water routes, and a commercial class willing to invest in such ventures. Plus, the profits reaped would make Portugal the leading maritime power in Europe.

What is a monopoy?

What else can I help you with?

Why was vasco da gama's discovery of an all water route to india so important to portugal?

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