Colonial legislatures composed of two houses: the assembly which is elected by the voters and the council which is appointed by the king or proprietor. The new colonial legislatures were able to expand democracy by calling for united action.
Because a monopoly would end up making someone monopolizing the whole world to a point where no one can buy a business and would allow them to set their prices as high as they want.
It is a the growth in an economy circulation
That would be the Munich agreement