A company with a pure monopoly means that a company is the only seller in a market with no other close substitutes. ... Also, with pure monopolies, there are high barriers to entry, such as significant start-up costs preventing competitors from entering the market.
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Are you in BAVEL? Anyways, I haven't read your module for this or what ever so I'm gonna go off of my head and you could change it or whatever. Also is this a argumentative essay or is it a informative essay???
Answer: It increased competition in major industries and forced businesses to lower prices. It enabled industries to gain access to new sources of raw materials and new markets.
A.) Woodrow Wilson
Explanation: The quotation above comes from Woodrow Wilson's Fourteen Points.