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When was the slave trade monopoly given to Royal African Company?
Wiki User
∙ 13y ago
1973
Wiki User
∙ 13y ago
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Why was the east Indian company established?
The East India Trading Company came into being in 1600, when the British first arrived in India. It was set up and immediately given a trade monopoly in India; in other words, no other British company could trade out of India. East India Company was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. East India Company was the name of several historical European companies chartered with the monopoly of trading with Asia; more specifically with India. * British East India Company, founded in 1600 * Danish East India Company, founded in 1616 * Dutch East India Company, founded in 1602 * French East India Company, founded in 1664 * Swedish East India Company, founded in 1731 * Portuguese East India Company, founded in 1628
What is the difference between the literacy tests given to the African Americans compared to those given to white?
African Americans and Whites are given exactly the same literacy tests.
Which of these is an example of a check held by colonial legislatures over the royal governors?
Colonial legislatures controlled the income given to royal governors.
When were most African nations given their independence?
Most did in the 1960's.
What name was given to African American who moved to the great plain?
Exodusters
What is the name given to a company that dominates a market and is the only company that produces a particular item?
monopoly
Was the British east Indian company given a monopoly on America trade in tea?
The British East India Company
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.
Is lipstick in monopoly market?
Given the amount of capitalism in North America, yes, it's a monopoly.
What is a word for a sole right to trade in a given area?
Monopoly
Why monopoly has no suply curve?
Monopoly has no supply curve because the monopolist does not take price as given, but set both price and quantity from the demand curve.
Amount of money each player is given at the start of a monopoly game?
$2000
What rights were given to African-Americans?
What rights were given to African-Americans wright/type what YOU think.
What is An effective monopoly in the use of physical coercion in a given geographical area is known as?
state
What form of legal monopolies still exist today?
Perhaps a better question might be "why do monopolies arise" however the current question will do just fine. And better yet, why can they arise in a democratic nation. Here is a summary that answers the monopoly question:A. A monopoly is a company that is the sole seller of a product without close substitutes. A monopoly is able to remain as such in a market only if there are barriers to entry of that market. Basically we have a situation where other companies cannot compete with the monopoly company. There are several reasons for these barriers in an open market society:A1. A key resource of a product is owned by one company. This is rare but as an example, De Beers owns 80% of the diamond mines in South Africa and thus controls the diamond market.A2. The government has given the monopoly company the sole exclusive rightto produce & sell a product. This is common but the monopoly has a 20 year time limit because the US Patent Office has awarded the company a patent. The long term benefit of patent laws is to enhance creativity and intellectual achievement.A3. A natural monopoly arises when a single company can supply a good such as water at a lessor price than two or more other companies can. ( here we have a government overseer dept. to safeguard a runaway market ).
What characteristics of the software industry do you think created the monopoly market that microsoft's operating systems enjoy?
I don't think that it's so much an issue with the software industry as free-market capitalism in and of itself, as Microsoft is hardly the only monopoly in US history not to mention the history of capitalism. It doesn't help when the company in question is able to manipulate the relevant legal and regulatory environment through corruption and collusion even when it *is* an acknowledged monopolist. Microsoft really is guilty of all of the above. The problem, though, is which company is not, and would not be, if given the same opportunity as Microsoft. It depends on the philosophy of the corporate management, some CEOs believe that monopolistic practices are good for their company and to an extent good for the consumer, some don't. But you can't really tell who believes what until they're given a chance. Talk is cheap. Show me a company and a management team which has an opportunity to develop a monopoly which does not do so, and then maybe I'll believe that they won't do it if given the chance.
Why was the east Indian company established?
The East India Trading Company came into being in 1600, when the British first arrived in India. It was set up and immediately given a trade monopoly in India; in other words, no other British company could trade out of India. East India Company was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. East India Company was the name of several historical European companies chartered with the monopoly of trading with Asia; more specifically with India. * British East India Company, founded in 1600 * Danish East India Company, founded in 1616 * Dutch East India Company, founded in 1602 * French East India Company, founded in 1664 * Swedish East India Company, founded in 1731 * Portuguese East India Company, founded in 1628
