They create privatization of the land and work, which controls the means of production while exploiting peoples labor. Monopolies contribute to capitalism, as the saying goes, "the rich get richer and the poorer get poorer."
Monopolies should not exist because that gives one singular group or company complete control over a specific industry. Whether it be oil, cars, boats, milk, or meat, if one singular company controlled everything within that industry the people would be submissive. We would have no power and have to follow and continue to buy these items at whatever outrageous price because there are no other competing companies with other cheaper options.
The laws that were passed as a result of the muckraking literature of Upton Sinclair were <span>Pure Food and Drug Act of 1906 and Meat Inspection Act of 1906.</span>
The Space Race is largely seen as an extension of the Cold War in that the US and the Soviet Union fought for Supremacy over the heavens by spending tremendous amounts of money on space research and efforts.
