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Monopolies In A Capitalist Eco
Part one of term paper
In a capitalist economy there are both wanted and unwanted monopolies. However, in a capitalist economy certain monopolies are needed. Monopolies have a big impact on the economy and the consumers because of the amount of control that the monopolies have on the economy. There are certain times when it is best to have monopolies then others ...
Part two of term paper ... utility, like SDG&E (San Diego Gas & Electric). These produce goods and services that are vital to the public's well being as far as functioning goes. Public utilities are an example of a pure or natural monopoly. A pure or natural monopoly is a single firm in an industry. This is the most effective way to provide very important goods and services. An example of a public utility monopoly that affects our everyday life is that of SDG&E. They are the only power company in San Diego County a ...
Word count: 872 | Approximate pages: 4
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