A type of economic condition in which a group controls all the means of production, and can set their price is called A Monopoly. Broadly speaking, there is one major player who controls the whole market and is thus able to know the quantity and cost of the goods it produces
. We have various kind of monopoly namely
the first one, they feared a large centeral gov. because the articles made the national congress weak on purpose since they had no rights the states were givin the ability to make laws that could be conflicting and confusing
The Great Depression was an economic crisis that happened during the 1930's when the United States stock market crashed affecting different industries all over the country. One of its political causes was the establishment of the Federal Reserve System as well as overproduction.
