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Anvisha [2.4K]
3 years ago
11

What is a monopoly? (Game does not count)

History
1 answer:
WITCHER [35]3 years ago
4 0

Answer:

Monopolies are when a certain business rule over a specific business or service sector. Basically one business has a lot of control in a certain area of marketing. Just like how amazon is a monopoly, because it dominates online shopping. A lot of people frown upon monopoly businesses, because they take a ton of money and customers away from small business owners. Also, a lot of people consider Disney a monopoly company. It can be a good thing or bad thing, but I hope this answered you question.

Explanation:

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The submarine cable across the English Channel, wire coated in gutta percha, was laid in 1851.[12] Transatlantic cables installed in 1857 and 1858 only operated for a few days or weeks (carried messages of greeting back and forth between James Buchanan and Queen Victoria) before they failed.[13] The project to lay a replacement line was delayed for five years by the American Civil War. The first successful transatlantic telegraph cable was completed on 27 July 1866, allowing transatlantic telecommunication for the first time.


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