A company with a pure monopoly means that a company is the only seller in a market with no other close substitutes. ... Also, with pure monopolies, there are high barriers to entry, such as significant start-up costs preventing competitors from entering the market.
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B: North Korea has grown isolated, while South Korea's economy has grown
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England got ready to colonize by getting new economic structures and a new merchant class paved the way for colonization England’s merchants lacked estates but they had new plans to build wealth. By collaborating with new government-sponsored trading monopolies and employing financial innovations such as joint-stock companies, England’s merchants sought to improve on the Dutch economic system. (i think)
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