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One effect of monopolies on the US economy is that they have tended to?

reduce business competition


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 does the name bova mean?

One who tended cows.


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?

Well, first of all, Darwinism doesn't really have precepts: it's a description for how things are in nature, not a set of instructions for how we should do things. In Darwinism, too little variation has the effect of endangering the reproductive fitness of populations. Too little variation means that a population might not be able to adapt when the circumstances change. There would seem to be some similarities between our global economy and ecology. Certainly, if one values a robust and sound economy, one would prevent monopolies from gaining so much influence that their demise cripples the economy. On the other hand, those who make the mistake of promoting Social Darwinism, committing the naturalistic fallacy, might argue that as only the strongest survive, monopolies are a natural and thus desireable consequence of the free market.


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 industries were dominated by monopolies at the beginning of the 1900's?

I only know one and that is the railroads