Answer:
Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
Part of it was because of the Industrial Revolution and the invention of the cotton gin by Eli Whitney.
B. they had poor pay for harsh work
Answer:
option c is the correct answer
Answer:
Thomas Jefferson, Louis and Clark, Sacagawea. It impacted the native Americans because it increased the amount that they met with the native Americans.
