Thursday, December 9, 2010

Post 7: 4 Types of Monopolies

Natural Monopoly

A natural monopoly would be the Stock Market. If another one was to emurge, it would cause too much confusion to make it worth it.

Geographic Monopoly

A geographic monopoly would be the Jersey Shore. There is only one Jersey Shore and there is no way another one could be made.

Technological Monopoly

A technological monopoly would be drug that cured any type of cancer. It would most likely be very hard to copy and would only be made by one company.

Government Monopoly

A government monopoly would be the NJ Turnpike. It is controled by the government, there is only one, and it would not make sense to have another one.

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