Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
Diane

In what ways might monopolies bring economic benefits to an economy?

Links would be good
Jack:

Monopolies can be either good or bad. Adverse monopolies, such as our government's monopoly on "education" is a great example. We pay $8K to $11K per student only to have less than half graduate high school in spite of constantly lowered expectations. At the same time private schools charge significantly less per student for what is vastly superior education that actually challenges the student and causes them to excel.

As I had mentioned in my comment to Chris, Microsoft is probably a good example of a benevolent monopoly. They have created more personal wealth than any other company of its age. They have taken a few good ideas and brought the power of computing into a very affordable price range. They have stimulated ongoing competition in a plethora of other companies and industries. All of which has greatly improved the national economy and personal living standards.

Skoosha:

monopolies might bring economic benefits to an economy is thru lowering prices

Jack:

Only BENEVOLENT monopolies would maintain lower prices if they have no competition to keep them honest.

Man, the government's ADVERSE MONOPOLY on what passes for "education" these days certainly has had an adverse impact on what passes for knowledge. ;-)

Microsoft might be an example of a benevoltent monopoly, in spite of hostile government attacks.

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • True or false: Monopolies born of Free-Markets are the ugly second cousins of communism.
  • What benefits do monopolies bring to an economy?
  • Explain just ....."WHY" the Federal Government can't solve economic problems by raising taxes on
  • What do you think our economic future holds in store for us in the near future, after the election?
  • I hear that the economic stimulus checks started being sent out early. Does anyone know how far.....
  • This economic down turn should bottom out 2009, 3Q. When do you think it will turn & get better?
  • In your own words, what would be a fairer economic system?
  • Considering all variables and indicators , do you think we are heading for an economic slowdown?
  • How has or when will Nafta begin helping the US and in what way. Benefits seen by MX and CA already
  • What is the website for HSN health benefits?
  • Why are the SMOKERS having to pay more taxes,and the Government keep reeping the benefits.
  • who benefits from the information in the financial statemets of a company?
  • what is my status for uib benefits
  • trying to find benefits for think resources inc.
  • If you follow the economy, what is your opinion of today's FED action?
  • Would a Cap on Fuel Prices help or hurt our Economy?
  • What type of economy did the Founding Fathers have in mind for the U.S.?
  • Will flying a China made American flag stimulate the economy?
  • so are you gonna spend that tax $ bush is giving us and help the economy, or stash it away?
  • Ron Paul has a plan to revitalize the economy.
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed