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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.

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9y ago

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What system is also called a monopoly system?

Capitalistic system.


Does the Wii system have a monopoly game?

yes it does


What is a monoply system?

To acquire or maintain a monopoly of.


Why the Spanish monopoly system was needed?

Spanish Monopoly System is all goods produced in the New World had to be exported to Spain and to no other country but Spanish countries and only in Spanish ships. Everything the colonists bought had to be imported from Spain itself and carried in Spanish ships


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Use monopoly in a sentence?

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


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Some popular games on the Monopoly games list include Monopoly Classic, Monopoly Junior, Monopoly Empire, and Monopoly Ultimate Banking.


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oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly


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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.


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

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