1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
4 years ago
11

How did monopolies affect the price of goods?

History
2 answers:
frez [133]4 years ago
5 0
Monopolies would make the prices super low that competition was non existent. Since monopolies are lone providers, they can set any prices they choose. That's known as price-fixing, and they can do this regardless of demand because they know consumers have no choice.
Vinil7 [7]4 years ago
4 0

How do monopolies affect the price of goods?

A monopoly contributes to price increases, leads to the creation of inferior products and discourages innovation. Monopolies inhibit free trade and limit the effectiveness of a free-market economy.

You might be interested in
What was one characteristic of South Africa's policy of apartheid?
Amanda [17]

<u>Answer:</u>

One characteristic of South Africa's policy of apartheid is 'Nonwhites were forced to live in separate areas from the white minority'.

Option: (A)

<u>Explanation: </u>

  • The notion of 'white supremacy' brought into practice by the white minority in South Africa gave birth to segregationist policies.
  • These policies further strengthened to take the form of 'apartheid' which was the worst culmination of the segregationist mentality.
  • Apartheid required the coloreds to live in separate areas other than where the whites lived and live a life devoid of most facilities provided by the state.
5 0
3 years ago
Read 2 more answers
How is the constitution adaptable? Adaptable means that it can change (be amended) It is also called a living document because t
Fittoniya [83]
The constitution is adaptable by the creation of applying new laws, and creating amendments. An amendment is a change to the constitution.
6 0
3 years ago
What would you do if you and your family were suddenly told that you had to leave your home and jobs to live in an internment ca
Levart [38]
I would try my hardest to live
6 0
3 years ago
Please I need help on this!!
devlian [24]

Answer:

- famine

-textile mill

- union

- went on strike

Explanation:

8 0
3 years ago
How did industrialization change the Latin American economy?
AfilCa [17]

Answer:

It helped to by creating employment thus eradicating poverty.

Explanation:

1. Modernised Agriculture

2. Dependence on agriculture was reduced

3. Eradication of unemployment

4. Brought down regional disparities

5. Expanded trade and commerce

6. Brought foreign exchange

7. Transformed raw materials to goods of higher value

8. Helped country to become prosperous

8 0
3 years ago
Other questions:
  • What did Spain learn from the failure of the San Francisco de los Tejas mission settlement?
    9·2 answers
  • Abraham Lincoln first ran as a Republican in.....
    10·1 answer
  • Match the person with his thoughts and ideas as discussed in the text
    9·1 answer
  • Why did JFK's popularity increase after the Bay of Pigs disaster?
    7·2 answers
  • Primarily as a result of the United States’ support of Israel, attacks on American targets increased in the 1980s. Who was respo
    9·2 answers
  • Who was the 27 preisdent​
    6·1 answer
  • During pontiacs war did France cause Indian nations to attach settlers
    10·1 answer
  • In 1899, u.s. secretary of state john hay issued a series of policy statements proposing that other nations share trading rights
    13·1 answer
  • 1. Trough/Depression<br> The Definition
    8·1 answer
  • Which of the following best describes
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!