Examlex
All of the following emerged with the emergence of cities and states except:
Monopoly Power
The ability of a monopoly (a single seller in the market) to control market prices for its product or service, often resulting in higher prices and lower output than in competitive markets.
Public Education
Public education refers to the schooling system that is financed and operated by government agencies to provide free education to all students.
Wealth Distribution
The manner in which wealth is shared among the members of a community or society.
Income Inequality
The uneven distribution of income within a population, leading to disparities in wealth and economic opportunities.
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