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Monopolies & cartels meant that one business pretty much had all power over the production of a good so they could sell their products for any price they choose no matter the demand because they were the only ones you could get the product from. Thus they made more money & the people had to pay the price no matter what is was this gave more business to the ones with the monopoly. If they raised the prices too high it might discourage people from buying the item but since the items offered were mostly necessities then people would pay the high prices for the items & that would probably help the economy.
What else can I help you with?
How has use of the CFA franc affected Central Africa?
It has promoted interdependence among the region's nations.(~Y~)
How Globalization effect on work diversity?
Globalization helps managers increase diversity because they can promote employees across nations. This also helps the organization succeed within its industry.
Did Nations Bank buy Nations Credit Financial?
Yes, its obious.
What was the price of nations bank stock in 1996?
what was the price of Nations Bank stock in 1996?
What is GNP Gross National Product?
the gross national product means what is the nations product how the nations behave with their country how they develops the product how much is a approach of nations how they sow the feed and how much product develops by the nations its the mean answer of it i hope so
What nations are in the early stages of the industry and technology?
early stages of industry and technology
What is a global industry?
A global industry is one that spans many nations. The NBA is a global industry as well as the plumbing industry.
How did the Iroquois league make the decisions that affected all it's nations?
The Iroquois league affected it's nations by not fighting and living peacefully. ;) have a nice day!
What are states with little or no industry are?
Developing nations
Which nations would not have been affected by the monroe?
china
Are other nations affected by your stock market?
yes
What nations were affected by the trade barriers?
invitation format
What is industrial globalization?
A global industry is one that spans many nations. The NBA is a global industry as well as the Plumbing industry.
Who manages Africa's petroleum industry?
foreign nations
How have computers affected industrialized nations?
how have computers effected industrialized
Which nations would NOT have been affected by the Monroe Doctrine?
china
Which group made decision that affected all the league's nations?
A Grand Council of 50 chiefs from all nations.
