The Approach to Natural Monopolies in the United States Is

question 36

Multiple Choice

The approach to natural monopolies in the United States is to

• A) nationalize them.
• B) break them up into small competitive businesses.
• C) give them franchises and subject them to regulation.
• D) require them to merge with existing perfectly competitive business firms.
• E) leave them alone.

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Definitions:

Innovators

Individuals or entities that introduce new ideas, devices, or methods, often leading change within their field.

Plodders

Individuals who proceed or work slowly and laboriously, often showing perseverance and persistence in tasks.

Common Ground

A basis of mutual interest or agreement found among different parties or individuals.

Common Experiences

Events, situations, or feelings that are widely shared or felt among a group of people.