What is the difference between a trust and a monopoly?
A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.
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.
Some of the differences between Monopoly and Monopoly City is that in Monopoly city you can start building on a property immediately. Another difference is that in Monopoly City there are different types of buildings. in Monopoly City there are residential building, Industrial buildings, Stadiums, Skyscrapers, Bonus buildings (ex. schools) and Hazards. The use of special board spaces, chance cards and railroad are different as well.
is there a difference between a private trust and a public trust There is a huge difference between Public Trust and Private Trust. Public Trust is made or created for whole the public and every one can get benefit from it, wether their religion and communities are different or same. Where the Private trust is created for an individual or for a community or for a family.