Best Examples of Real Life Monopoly
December 12, 2022 ⚊ 1 Min read ⚊ Views 111 ⚊ BLOG
When we think of the term ‘Monopoly’, the popular board game comes to mind; however, monopoly is not just limited to the living room. A monopoly is deemed as an exclusive control of an industry by a single entity. This leads to the company gaining control over the economic fundamentals like production, supply, and trade of goods and services within an industry.
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Tags: Economics Dictionary
