yes. even tho its illegal in the US other countries still allow monopoly. like mexico
The reason that corporations exist is to serve people. They are there to provide jobs, services, products, and benefits.
President Theodore Roosevelt was concerned about the monopoly powers of large corporations. He pioneered the efforts to control large corporations by the use of anti-trust legislation. He has left an outstanding record as US president for his actions.
It is not encouraged and does not exist in practice.
Bill Gate played Monopoly in US for MS Word
"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."
Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.
Some of the major characteristics of monopoly capitalism are; the world-wide proliferation of multinational corporations that come to hold monopolies of duopolies with other corporations over certain markets; intensifying economic crisis often fitting the Marxist theory of crisis of overproduction; and the financialisation of capitalism.
A monopoly is when a single person or business own and controls every part of a industry. In US history, monopolies or trusts began to appear in the 1850's. Men such as Rockefeller, Carnegie, Vanderbilt and Morgan all owned huge monopolistic corporations in oil, steel, railroads, and banking. These corporations enabled prices to drop because the consolidation of production was more economical. On the other hand, they also singularly controlled prices, often to the demise of the commoner. These corporations were eventually broken up by presidents Roosevelt and Taft in the beginning of the 1900's.
"Corporations" did NOT exist in the 1830s, and in fact, there were very few "companies".
if you have all of the proporties of the same suit. ex: boardwalk and parkplace. you have all of the proporties so hence a monopoly.
what agency relationship exists within a corporation
because of globalization.
The US Department of Transportation is a government department, not a market monopoly
Their workers are All public employees
Corporations didn't exist in 1862. They are a modern idea that began in earnest in the 1980's.
More Monopoly money is printed daily than actual US currency!
In 1902, President Theodore Roosevelt was against the misuse of power by the big corporations doing business as a trust or monopoly. He did not want to do away with the corporations, but preferred to "draw the line against misconduct".
Double taxation occurs because corporations are entities. As such, they have to pay taxes and shareholders have to pay taxes on the income distributed by the corporation.
i dont no