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Monopolies and Anti-Competitive Markets (Crash Course)
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Monopolies and Anti-Competitive Markets (Crash Course)
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14 Questions

1. In the old days, what were Monopolies called?

2. What is price discrimination?

3. What is one of the main negative effects of a monopoly on the consumer?

4. Crony capitalism is where someone succeeds in business by doing what?

5. What allows scientists and inventors to have a temporary monopoly?

6. With what kind of service is it actually usually better to have a Monopoly?

7. What do robber baron type business people want to do to their competition?

8. What is horizontal integration?

9. What is an oligopoly

10. What is vertical integration?

11. What is a pure Monopoly?

12. Andrew Carnegie, JP Morgan, and JD Rockefeller were known by some as being what?

13. Why might it be hard for the Coke company to buy Pepsi?

14. anti-trust laws promote what?

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