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When a company is monopolized free enterprise is destroyed, that industry's product prices are reduced, business generally prospers and consumers generally don't.
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Two Italian cities that once monopolized trade with the far east?
Venice was one of the two Italian cities that monopolized trade with the far east.
Which company was a monopoly during the Gilded Age?
The oil, and steel companies, were majorly monopolized during the gilded age, and n doing so created the sherman antitrust act.
What type of government did the Mycenaean have?
The system of government was by kings, who also monopolized priestly functions.
Who were the patricians in a power struggle with between 400 and 300 BC?
There was the Conflict of the Orders between the patrician and the plebeian orders. The rich plebeian pursued and obtained power-sharing with the patricians who had monopolized it.
What effect did Tycoons have on the Industrial Revolution?
Monopolized smaller businesses and then used their power to inflate prices on their goods that were now widely available to others. Led to construction of railroads and large cities of steel.
What happens when a compamy is momopolized?
The correct term and spelling is monopolized instead of monopolized. When a company is monopolized it is taken over and becomes part of a monopoly. Monopolies are bad for economy because they are able to set any price they want and raise prices.
When an industry was monopolized by one company or trust during the Gilded Age what happened to workers and rsquo wages?
i dont know
What country monopolized the slave trade until 1600?
Portugal essentially monopolized the slave trade until 1600.
Two Italian cities that once monopolized trade with the far east?
Venice was one of the two Italian cities that monopolized trade with the far east.
Which Renaissance leader monopolized trade?
vaginaaa.
What positive thing did Andrew Carnegie do for his steel company?
He monopolized it. Which meens he made it so others coulden't make the same industry like him or produce the same in that town...i believe.
What were the 2 major resources India had for the british?
The British East India Company, which monopolized trade in India, traded mainly in cotton, silk, indigo dye, saltpetre, tea, and opium
Who monopolized the oil refining industry?
John D. Rockefeller
What was Mycenaean's government?
Kings who also monopolized priestly functions.
Can natural resources be monopolized?
They can but that would mean the natural resource only occurs in one particular area. Then one company/group could monopolize the use of it by buying the all of the land it occurs on.
What kind of government did the mycenaeans have?
The system of government was by kings, who also monopolized priestly functions.
What monopolized the American oil industry?
the trust that John D Rockefeller created
