Child labor was a huge problem. With all of the new work needing to be done, they needed more workers. The solution they came up with was to recruit children, give them long hours and low pay.
Answer: c
Explanation: hope it helps
Answer:
The answer is A. Hope it helps
Answer:
Monopoly
Explanation:
This describes a monopoly.
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
- Simple monopoly and Discriminating Monopoly
- pure monopoly and Imperfect Monopoly
- natural monopoly
- Legal monopoly
