A monopoly is an enterprise that is the only seller of a good or service. In the absence of government intervention, a monopoly is free to set any price it chooses and will usually set the price that yields the largest possible profit. Just being a monopoly need not make an enterprise more profitable than other enterprises that face competition: the market may be so small that it barely supports one enterprise. But if the monopoly is in fact more profitable than competitive enterprises, economists expect that other entrepreneurs will enter the business to capture some of the higher returns. If enough rivals enter, their competition will drive prices down and eliminate monopoly power.
The factor that
united various groups of people in Byzantine Empire is the religion – Christianity.
Being the first Christian emperor after defeating other Emperors, Maxentius and
Licinius of the East, Constantine I implemented the conversion of the Byzantine
Empire to Christianity. Although this was not completely accomplished during
his reign, Christianity unquestionably happened to be the religion of majority.
Because of the common belief and religion of people, the Empire united in carrying
out common goals and rejoicing in each victory.
<span>Plessy v. Ferguson was the </span>landmark Supreme Court Decision curiously coincides with Washington's Speech to the Atlanta Exposition. This is a doctrine for assessing racial segregation laws. It is also called as "separate but equal". <span> It gives rights to public facilities as long as the segregated facilities were equal in quality.</span>
The correct answer to this open question is the following.
As every single presidential term in the United States, Jimmy Carter had his ups and downs, positives and negatives.
Among the positive things, Carter opposed racial segregation, supported civil rights movements, established the Department of Education and the Department of Energy, supported legislation to conserve energy in the country, played a key role in the Camp David Accords to establish peace in the Middle East, and supported the signing of SALT II, as well as to give the operation of the Panama Canal to Panama´s government.
On the negative side, one of his first decisions that resulted controversially was to pardon the draft evaders of the Vietnam War. A decision that was questioned by many. He found it difficult to deal with stagflation, high unemployment rates, limited economic growth, he had to deal with the energy crisis at the end of his presidency, and also with the Iran hostage crisis. And one of the tensest moments, the Soviet Union invasion of Afghanistan.