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The answer is iron. The Hittites learned to smelt and work with the element before any other civilization.
In economics there are four different types of market structures. They are as followed:
1) Perfect competition- This allows for businesses to compete against each other for consumers.
2) Monopoly- This is when one business or corporation corners a market. This occurs when a business is the only supplier of a good/service.
3) Oligopoly- This is when a small amount of businesses control a market/product.
4) Imperfect competition
In your question then, the correct answers are : Monopoly, perfect competition, and oligopoly.
Answer: The Renaissance was a rebirth of ancient Greek and Roman thinking and styles, and both the Roman and Greek civilizations were Mediterranean cultures, as is Italy. The best single reason for Italy as the birthplace of the Renaissance was the concentration of wealth, power, and intellect in the Church.