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It is a business or company owning all or mostly that one single trade. For example Microsoft ending up owning the computer industry making it hard for other computer/software companies from moving forward. Only the US Congress can declare monoplies.
Wiki User
∙ 14y ago
Wiki User
∙ 10y agoWhen the entire world's population will be relocated to one giant city, that city will be called the Monopolis.
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What is the definition of tobacco and wine monopoly?
basi
What is monopoly in social studies?
The definition for the word monopoly in social studies is "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. "
Definition of sole control and monopoly?
Sole control or monopoly means that a company has too much or all of the market share and it can affect supply, demand and even prices of a specific product. Monopoly is not good for a country and consumers over there.
How did Chinese silk production fit the definition of a monopoly?
By raising silkworms and pioneering silk cloth production
What is monopoly system?
A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior products.
Did the US government use coercion?
Government by definition is coercion.Government is characterized by a monopoly of the legitimate use of force to create the social order it wants.
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
What is the definition of monopolize?
To acquire a monopoly of; to have or get the exclusive privilege or means of dealing in, or the exclusive possession of; to engross the whole of; as, to monopolize the coffee trade; to monopolize land.
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 is Spanish Monopoly?
Monopoly in spanish is...
What do you need for monopoly?
a game of monopoly
