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I am not sure as to why the government -fostered ownership except for the FCC to be able to broadcast the music and no money was exchanged.

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17y ago

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Who receives the ownership card in Monopoly when a player purchases a property?

When a player purchases a property in Monopoly, they receive the ownership card for that property.


What are the Causes of monopoly?

A monopoly exists when a firm has total control over a particular product or service. Its causes include, government policy or regulations, integration (when to business merge), ownership of patents large, high sunk costs/start-up capital, and predatory actions by a company to exclude others. In addition, a government can give legal monopoly power to some business through nationalization or government awarded franchises and licenses.


How many versions of Monopoly have been created throughout its history?

Over 1,000 versions of Monopoly have been created throughout its history.


How many types of monopoly exist in the market?

There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.


How a government is involved in creating a monopoly?

The government can create a monopoly when, in doing so, it is in the interest of the public good.


What is a sentence using the word monopoly?

The monopoly was broken up by the government.


Is a government monopoly one that is created by the government for the sole reason of making money for government use?

No. A government monopoly refers to a situation in which the government owns all the outlets for a particular good or service.


What type of monopoly is Monsanto?

government


What kind of monopoly often provides basic necessities such as public utilities?

Government run monopolies. When the government has control of a monopoly they often provide basic needs for the people, but do not take advantage of the power. Ex. the post office is a government run monopoly.


Is the Department of Transportation a market monopoly?

The US Department of Transportation is a government department, not a market monopoly


A monopoly permitted by and regulated by the government for its greater social good such as a telephone company?

natural monopoly


Is single ownership of a whole industry necessary to exercise monopoly power?

No, just a major controlling part.