First of all, it is necessary to understand the concept of monopoly, which is the event of a single person or enterprise controlling the supply of a particular commodity. Following that logic, a natural monopoly can be understood as a given industry wherein high infrastructural costs and other barriers to entry relative to the size of the market give the largest - usually the first supplier - in the market a virtually overwhelming advantage over competitors.
Therefore, it is possible to affirm that the lesta likely choice to be allowed to function as a natural monopoly in a society economy is food distribution, which can be performed by several different enterprises/individuals.
On the other hand, watershed management, electricity generation and hazardous waste disposal, due to their high cost of capital, creating economies of scale that are large in relation to the size of the market.
The custom and practice of sworn virgins functional for this
society as it enabled an heir to inherit their family’s wealth. This was the
only way in which a woman could inherit her family's wealth. This was
especially significant in a society where blood disputes frequently result in
the deaths of many men, which can leave families at risk of losing all their
assets with no male heir to inherit them
Answer:
The Pax Romana is a roughly 200-year-long timespan of Roman history which is identified as a period and golden age of increased as well as sustained Roman imperialism, order, prosperous stability, hegemonial power and expansion, despite a number of revolts, wars and continuing competition with Parthia.
Pax Romana, (Latin: “Roman Peace”) a state of comparative tranquillity throughout the Mediterranean world from the reign of Augustus (27 bce–14 ce) to the reign of Marcus Aurelius (161 –180 ce). Augustus laid the foundation for this period of concord, which also extended to North Africa and Persia
This 200-year period saw unprecedented peace and economic prosperity throughout the Empire, which spanned from England in the north to Morocco in the south and Iraq in the east.
Explanation:
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