What you are describing is called a monopoly.
A monopoly is when one company or entity controls an entire share of a market. For example, if Apple became the only company you could buy a cell phone from, this would make Apple a monopoly. Monopolies can hurt the American economy, as a business with no competition can essentially charge whatever they want for a good or service since there will be no business who will offer a better prices.
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The New Deal help the economic recovery of the United States and soothed social suffering in the years of the Great Depression. However, it was the Second World War that brought an end to the Great Depression. WWII led to large and dynamic growth, mobilized the full industrial capacity of the country, produced practically full employment of the workforce, it stimulated innovation. 17 million new jobs were created, productivity rose by 96 percent, and corporate profits doubled. It also strengthened the government´s regulatory role, it contributed to a consolidation of labor movements.
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more, decrease, more, decrease, fewer, increase
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