Question

Which of the following terms means complete control over a particular industry or trade?

Answer 1

The correct answer is A. Monopoly

Explanation

A monopoly is the state of dominance and superiority that a company or factory has with respect to others in the production and marketing of a specific product, that is, that this company exercises its superiority with greater coverage, better quality, more accessible prices, among other things, which make the competition neither equal nor equitable. So, the correct answer is A. Monopoly.

Answer 2

"Monopoly" is the term among the terms given in the question that means complete control over a particular industry or trade. The correct option among all the options that are given in the question is the first option or option "A". Monopoly is not good for the people living under its domain. I hope the answer helps you.