Monopolies 10D

MONOPOLIES

What are monopolies? Are monopolies good or bad? Sometimes they offer more benefits than disadvantages, other times more cons.
Think of some examples of monopolies in our community?

Watch the video below and read all the articles/slideshows

Video economics – monopolies explained simply

Monopolies slideshow

Indian railways

DeBeers

The importance of competition – monopolies

Monopolies diagrams

In groups of 2 or 3 find 2 real world examples of companies with a monopoly on their market:

  • One with positive social outcomes
  • One with negative social outcomes

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