State Two Examples of Government-Created Monopolies

question 50

Short Answer

State two examples of government-created monopolies.

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Definitions:

Limestone

A sedimentary rock composed mainly of calcium carbonate, often used in construction and as a raw material in cement production.

Steel Manufacturers

Companies engaged in the production and distribution of steel, a key material used in construction, automotive manufacturing, and various other industries.

Internet On Globalization

The role of the internet in increasing global interactions and integrating economies, cultures, and societies.

Fiber-Optic Telecommunications

A method of transmitting information from one place to another by sending pulses of light through an optical fiber.