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Why is monopoly evil?

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Anonymous

13y ago
Updated: 8/20/2019

You go to jail

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Wiki User

13y ago

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Walmart is a big evil corporation?

Many believe it is. I don't think it is until it becomes a monopoly.


What has the author Hamer Stansfeld written?

Hamer Stansfeld has written: 'The monopoly in money, the mere instrument of exchange, a great social evil'


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There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.


Is monopoly evil?

They can be, but they don't have to be. "Evil" monopolies seek to control an industry by running their competitors out of business and then establishing inflated prices. A monopoly is the control of a majority of an industry or enterprise. Municipal or regional monopolies for public utilities (water, natural gas, electrical power) are common, and sensible because you don't need or want multiple competitors. However, they are very often poorly regulated, and the consumer has few viable alternatives. And because the primary concern of many companies is a return (profit) for their investors, they can make decisions that are unwise or even harmful to consumers and the general economy. --- A natural monopoly would be the city's water company. There's only ever one water company in town because there's only one set of water pipes. So the water company is a monopoly, but they are usually not an evil one, largely because there are government agencies to keep them from becoming evil.


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Jane has a monopoly in that area. Mary has a monopoly of banks.


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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.


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How can I collect 200 Monopoly dollars in the game Monopoly?

To collect 200 Monopoly dollars in the game Monopoly, you can pass "Go" on the game board, which rewards you with 200 Monopoly dollars.