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What example illustrates an oligopoly market structure in early American history?

An example of an oligopoly market structure in early American history can be seen in the railroad industry during the late 19th century. A few major companies, such as the Pennsylvania Railroad and the Union Pacific Railroad, dominated the market, controlling a significant portion of railroad transportation and freight services. Their control allowed these companies to influence pricing and service standards, leading to competition primarily based on factors other than price, such as speed and reliability. This concentration of power exemplifies the characteristics of an oligopoly, where a small number of firms hold substantial market control.


What is the role of multinational corporations in globalization?

Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.


What is an example of Oiligopy?

Oligopoly? Petrol companies.


What is example of global business?

global business the international certains labor in our industry


What is remittance company?

A remittance company is usually a licensed company that is authorised to do a cross-border money transfer (for purposes of remittance payments). These are usually MSBs (Money Service Businesses) or Exchange Companies. Nomenclature can vary from country to country. Industry classification is usually MSB, Remittance company, MTO, or Exchange Companies. Example of remittance companies are Xoom.com, Western Union, RIA Financial, MoneyGram, etc.

Related Questions

What is B2C and B2B?

B2C (business-to-consumer) is the term used to categorize companies focused on providing prodcuts to consumers. For example: toy companies, a cookbook app for your iPhone. B2B's (business-to-business), are companies who look to sell to other companies. Big shipping companies and business solutions software firms for example.


Which companies offer business technology services?

Many companies offer business technology services, such as BT. Alternatively, other electronic and technological companies offer these services, such as Deloitte, for example.


What does a business recovery company do?

Business recovery companies are designed to get bankrupt or almost bankrupt companies back to their feet. They usually get somehow involved in the business they save, for example take ownership of the company.


Can you give an example of companies who is doing unethical just for the success of there business?

yes, an example of companies doing unethical is like mcdonalds, hungry jacks ect


A group of companies that is controlled by a single group of business leaders is an example of?

a trust


What are the names of some mortgage lead generation companies?

There are several companies in the business of mortgage lead generation. For example, MVF Global, Leadbay and Mortgageangels are all in this business.


Where land grants given to railroad companies by the federal government to encourage railroad construction?

Yes, land grants were given to railroad companies by the federal government to encourage railroad construction in the 19th century. These grants provided companies with vast tracts of land, which they could sell or use to finance the building of railroads. The most notable example is the Pacific Railway Act of 1862, which facilitated the construction of the First Transcontinental Railroad by granting land along the route. This strategy aimed to promote westward expansion and economic development.


What companies offer VoIP business phone systems?

Many different companies offer Voip Business Phone systems. For example Phonebooth, Brooks Bell, LivingSocial, Swype, Pinger and Hope are several types of companies.


Which companies offer free business cards?

There are companies online that pay for free business cards if the person who is interested pays the shipping charges. Vista Print is an example of an online company that does this.


What companies specialize in providing business intelligence open source tools?

Several companies specialize in providing business intelligence open source tools, such as SpagoBI. Alternatively, other companies such as Source Forge provide this service, for example.


Which companies provide business spam filters?

Many companies provide spam filters for businesses. For example, SpamTitan or MailCleaner provide business spam filters. Also, Microsoft provides spam filters for their Small Business Server.


Where can business valuations services be found?

Many companies offer business valuations services, for example ArrowFish Consulting. Other companies that offer these services are Greener Equity, Biz By Owner, the Woodbrige Group and Online Business Appraisal.