Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
Depending on the location, you would most likely belong to the Anasazi people. These were Native Americans that were the pueblo people and lived in the North American continent before the Native American tribes that are famous nowadays existed. They left pueblos as evidence of their lives.
The laid at the roof of justice
