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What Political cartoons of the Big Four monopolies are available?

Try www.archives.gov/


How would you compare and contrast the characteristics of natural monopolies and monopolies created by the government?

Natural monopolies arise in industries where high fixed costs and significant economies of scale make it inefficient for multiple firms to compete, such as utilities. In contrast, government-created monopolies are established through regulation or legislation to control an industry, often for public interest or safety, such as postal services. While both types limit competition, natural monopolies typically emerge from market conditions, whereas government monopolies are intentionally designed and enforced by law. Both can lead to similar outcomes, such as price regulation, but the motivations and mechanisms behind their existence differ.


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Wilson felt that monopolies were bad.


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He used the law to restrict the actions of monopolies.


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