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Some people supported monopolies because they believed they could lead to greater efficiency and innovation by consolidating resources and reducing competition. Monopolies could achieve economies of scale, potentially lowering prices and improving product quality for consumers. Additionally, proponents argued that large companies could invest more in research and development, driving technological advancements. Lastly, monopolies were often seen as a way to create stability in industries, which could benefit workers and consumers alike.

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2w ago

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People who opposed monopolies argued that monopolies?

Eliminated competition


Why did some people fear monopolies while others supported them?

why did some people fear monoplies while others supported them


Why natural monopolies exist?

They don't exist...monopolies are caused by government intervention in the market. Excessive regulations, permits, fees etc. create barriers to entry for competitive entrepreneurs, and there is often times legislation passed in favor of large corporations. A truly competitive free market does not have monopolies.


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There are no patients monopolies. There are patients that are for items made by people or companies.


Why did some Chinese favor Isolationism?

cause their smart people


Why are monopolies regulated by the government?

Monopolies are regulated to protect consumers. An unregulated monopoly can charge prices higher than the efficient level of production which causes some consumers to be left out of the market. Governments can combat this by breaking up monopolies with antitrust laws and turning monopolies into public entities.


What helped fuel econmic growth by encouraging people to buy American goods A monopolies B patents C Protective tariffs DLaissez faire?

a) monopolies


Why are monopolies known to be bad?

I think it is because people get jealous that others are more successful than them, so they convince an army of idiots to try to make monopolies illegal.


Some names of monopolies in the US?

NFL, Facebook, Netfix, and Microsoft


How were monopolies ended?

Because people criticized that monopolies were unfair and that companies that were using monopolies were too vague. So the government stepped in and made a law that monopolies were no longer allowed. Think of it as the game monopoly. What is your goal? Your goal is to get money and buy all of the companies that are in your way so you would buy their company and there you go, they were out of your way. I hope that helps.


Are gays and lesbians in favor of stem embryos cells?

It all depends on the person themselves. Something like being in favor stem embryos cell research is a personal decision someone has to make themselves. There are gay people in favor of it and there are gay people who are against it. Compare it to the belief in the Christian God, some gay people believe in God some do not, some gay people are Muslim, Jewish, some are Agnostic ,some are Atheist and some believe in some other kind of gods that i haven't said above. So your religious belief is a decision you have to make yourself and so is being in favor or against stem embryos cell research.


Some states were not in favor of a Bill of Rights because why?

Some states were not in favor of a Bill of Rights because they had their own laws to protect people's freedoms. They also felt that the Bill of Rights was not inclusive enough.