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ANTONII [103]
3 years ago
5

What problems were caused by monopolies?

History
2 answers:
Sedbober [7]3 years ago
7 0

High prices for low quality goods is the problem with monopolies.

gogolik [260]3 years ago
4 0

Another problem, besides the one Slasherneo put, is that with monopolies, people in the area have no choice but to buy from that one company. Therefore the company can rise their prices because they know people will still need to buy.

Hope that helps u!

If u need more info lmk :)

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