The French Monarch in the earlier times had no problem spending money and they also made a lot of spending because they got this money by taxing the people of France and they also taxed the nobles who had a lot of money.
This harsh taxation which was also unfair and inefficient in structure by the monarchs resulted in the crisis in France and ultimately led to the french revolution.
These taxes were also raised at a very high rates making lives of people of France very tough.
Two of the most significant totalitarian governments that existed following WWI were in Hitler's Germany and Mussolini's Italy, since both of these governments were "fascist" and were 2/3 of the "Axis" powers during World War II.
A monopoly occurs when there is no competition in the holding or production of a good or service. The Portuguese had a monopoly on the exploitation of Brazil wood in Brazil.
Economic theory explains and gives an example of various types of monopoly. The most common example is the natural monopoly, which occurs when the fixed costs of supply are so high that it makes the implementation of competition unfeasible. For example, the water supply. This service requires tubuar infrastructure, being impracticable the consequence of the exploitation by more than one company.
