Taking action through intersectional
It’s d!! i have just done this question a couple hours ago and it was correct! :D
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.
One of the strangest parts of the history of the British Empire involves that commercial venture generally known as the East India Company, though its original name when founded by royal charter on the very last day of 1600 was the <em>Governor and Company of Merchants of London Trading into the East Indies</em><span>. </span>
Answer:
The protection of governments to consumers is very important in the capitalist system. This is so because capitalism as an economic system is based on the mass production of goods and services for the consumption of society as a whole. In this way, producers flood the market with their products, and through competition they regulate their prices, their quantity supplied, and their capturing power. However, indiscriminate competition often leads to prejudice to the rights of consumers, who are ultimately the ones who uphold the system through their interaction with the market. Therefore, the government must protect the rights of consumers, both to avoid abuse by companies and also to protect the consumption chain and thus avoid conflicts that may represent less economic production.
