Monopoly Monopoly-market in which there is only one seller

Causes of monopolies associated primarily with changes in the technological mode of production. A prerequisite for this change was the Industrial Revolution late. XVIII - early. XIX century., Technical inventions, new industries and the rapid development of production in many of them, especially in the light industry.

• Causes of monopolies associated primarily with changes in the technological mode of production. A prerequisite for this change was the Industrial Revolution late. XVIII - early. XIX century., Technical inventions, new industries and the rapid development of production in many of them, especially in the light industry.
• A process of concentration of production, when the company, instead of doing one another grueling competition, enter into an agreement that is united and capital.