Monopoly

Monopoly problems appear to be important in economics. Monopoly may be difficult to control, partly because of the monopoly is often more efficient manner and is more widely known than any competitor, and partly because many of the industry can only support a single manufacturer. (Please note that the restaurant or newsagents only in a small town in this situation: Monopoly does not need much).

Another reason for the monopoly is difficult to control because the operations did not appear in the public eye, it is difficult to determine how much the real cost. Furthermore monopoly need not be a single company: some firms may unite to form a cartel or simply agreed to wear a price uniforms for their products. Actions like this can even be more dangerous than the monopoly of the company: it is a great danger monopoly high prices and restricted output, without the benefit amount, the economy scale enjoyed by a large company.

Government of all western countries have long been troubled by the problems of monopoly, and most of them passed legislation in an effort to control it. The United States was a pioneer in this field. Already since 1890 the country invited the Sherman Anti-Trust Act. But the power to make the concentration of the  modern economy so that the struggle lasted strong very exciting.

Many specific manufacturer run by the government itself. Indeed the government is the biggest company in all states. Different role with the role of private enterprise in terms of the main motives are usually not for profit. We will examine more closely the activities of government in the economy.

Before we leave the problem of production, you should already be familiar with a particular technical term. Production is usually divided into core categories: primary (and the products of land and other natural sources, such as crop farming, mining, forestry and fisheries), secondary (industry) and tertiary (service availability can be anything ranging from transport , stores, insurance, entertainment). Along with the increasing economic progress, fewer and fewer people working in the primary sector (rarely more than about 8 percent in more developed economies), while  tertiary sector absorbing more labor (usually around 60 percent in recent years) . The total number of production a country during one year is called the Gross National Product ( GNP) or Gross Domestic Product ( GDP).

There is one small difference between the two terms, but you do not need to think about it. You might also find cross-references to terms such net national product (net national product) or gross national expenditure (gross national expenditure), and those terms may be on the "cost factor" or the "market price". Be prepared to cross these bridges if you later find terms in a discussion of the upcoming discussion

So this post that talked about the monopoly of weakness and strength let us discuss in the comments.