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labwork [276]
2 years ago
15

Define monopoly. i need help with this too omgg why I this class so hardd

History
2 answers:
alekssr [168]2 years ago
8 0

Answer:

the exclusive possession or control of the supply of or trade in a commodity or service.

Explanation:

Ilia_Sergeevich [38]2 years ago
5 0

Answer:

A monopoly is when a company or group has exclusive control over a commodity or service. Ex: Apple, Amazon.

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The correct answer to this open question is the following.

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The Industrial Revolution began in the 18th century because of new technological inventions in agriculture. This change affected or changed the economic systems of Europe and the United States in that the Industrial Revolution impacted and transformed the way goods were produced. From an artisanal hand-made elaboration of products to mass production in the factories of Europe and the United States.

The Industrial Revolution changed the life of many people on both continents.

Technology in agriculture made mane farmers without a job and they decided to leave the rural areas to emigrate to the large cities where the factories and industries were established. There, factory owers needed hands to operate the machines of mass production. Those were low-paid jobs under unhealthy labor conditions, but people in need had to accept those jobs.

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