The correct answer is "they are very profitable for owners, but usually result in dissatisfied producers and consumers.
The reason for this is because a monopoly controls all commerce in that particular market. When a monopoly has control, it can decide what prices to sell its goods, and often leaves buyers/consumers dissatisfied.
Answer: The Compromise of 1850 was necessary because the North and the South were badly split on the issue of the lands that had been taken from Mexico in the recent war. California wanted to enter the Union as a free state, but that would have upset the balance between free and slave states.
The Great Schism was between the B) Greek Orthodox Church and the C) Roman Catholic Church. This started at the beginning of the 11th Century and was a break of the communion, due to theological disputes regarding the Holy Spirit, whether leavened or unleavened bread should be used, the Pope's claim to universal jurisdiction and the place of Constantinople in relation to the Pentarchy.
A lot of people have gotten killed
