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One effect of monopolies on the US economy is that they have tended to?
Wiki User
∙ 12y ago
reduce business competition
Wiki User
∙ 12y ago
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What are the four types of monopolies?
natural, geographic, technological, government
What is the domino effect of globalisation?
The Domino effect of globalization is the fear that if one economy falls then others may fall as well. Causing the "Domino Effect".
What is the most important effect that entrepreneurship has on the us economy?
Its because its huge for any economy and if more people were one the financial problem could be no more.
What is the end result of the creation of a monopoly?
One company controls a whole industry.
What industries were dominated by monopolies at the beginning of the 1900's?
I only know one and that is the railroads
What are the four types of monopolies?
natural, geographic, technological, government
What was one immediate effect of the cold war on South Carolina and the nation?
Its Economy
What is the domino effect of globalisation?
The Domino effect of globalization is the fear that if one economy falls then others may fall as well. Causing the "Domino Effect".
What is the most important effect that entrepreneurship has on the us economy?
Its because its huge for any economy and if more people were one the financial problem could be no more.
How did congress try to limit the power of monopolies?
One way that Theodore Roosevelt tried to limit the power of business was by suing the businesses that were trying to create monopolies. He helped to break up many businesses that had created monopolies.
Why is there only one Monopolies Commission?
The monopolies commission, or to give it its' full title "The Monopolies and Mergers Commission" exists to prevent monopolies and mergers of companies that may be against the public interest.If 2 such commissions were in existence at the same moment in time then they could merge.So by virtue of remaining a solitary public institution the monopolies commission is fulfilling its' role by preventing a future merger that may be contrary to the public interest.
What New Deal policy had the biggest long-term impact on the American economy?
Social security.This is because it is one of his only reforms that is still in effect today.The New Deal's Social Security Act has had the biggest long term effect on the American economy.
Is the monopoly contrary to the precepts of Darwinism?
No, a monopoly itself is not contrary to the precepts of Darwinism. In fact, Darwinism describes the natural selection and competition that occurs in nature. However, some argue that monopolies can hinder competition and limit opportunities for adaptation and evolution, which goes against the principles of Darwinism.
What does the name bova mean?
One who tended cows.
Explain the domino effect which caused great depression?
The Stock Market Crash of 1929, had a domino effect when one incident knocked over the other making the entire economy to crash.
What would happen if you converted Mexico to a free trade economy?
Mexico is already a free trade economy; the problem is that it doesn't have enough intellectual capital to improve productivity and there are many monopolies which prevent an effective market economy to take place. For example, there is only one company providing land lines in Mexico, known as Telmex. It provides a bad service, but has one of the highest rates in the world. However, competition is almost impossible to take place right now.
What industries were dominated by monopolies at the beginning of the 1900's?
I only know one and that is the railroads
