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In 1687, King James II issued a Declaration of Indulgence, which suspended penal laws against Catholics and granted acceptance of some Protestant dissenters. Later that year, the king formally dissolved his Parliament and attempted to create a new Parliament that would support him unconditionally.
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Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
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In many parts of the world, early civilizations formed when people began coming together in urban settlements. ... From this specialization comes class structure and government, both aspects of a civilization. Another criterion for civilization is a surplus of food, which comes from having tools to aid in growing crops.
Rights and freedoms are best protected under a local government.
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