Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
The Quraan was verbally sent down in parts to The Blessed Prophet Muhammad (peace be upon him) by the archangel Gabriel (Jibril) at the age of 40. The Quraan was finally compiled after the Prophets' death at 63 during the ruling of Umar son of Khattab (RA).
Please do NOT quote me on this. I will look further into it if needed.
The cartoonist suggest that building the canal was death coming towards Panama's way
