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A monopoly is a market structure in which a single seller or producer dominates the supply of a good or service, allowing them to set prices without competition. This lack of competition can lead to higher prices and reduced quality for consumers. In the context of industrialization, monopolies often emerged as companies grew larger and consolidated their power, shaping the economic landscape.
Redistricting. The process of redrawing legislative district boundaries within a state to reflect population changes. Gerrymandering. The process of redrawing district lines to increase unduly a group's political power (racial and political) Apportionment. The process of allocating seats in a legislature; the Constitution requires that seats in ...
A monopoly is a market structure where a single seller or producer dominates the market, having exclusive control over the supply of a good or service. In the context of the Age of Exploration, monopolies often emerged through colonialism, where European powers sought to control trade routes and resources, limiting competition and maximizing profits for their crown or company. This control ...
AP World Unit 2. Centralization vs. Decentralization. Click the card to flip 👆. Centralization refers to the concentration of power at the top of an organization while decentralization calls for less power at the top of an organizational structure. These initiatives often diverge on calls for more freedom and liberty and calls for equality.
AP Gov Vocab Topic 1: Foundations of American Democracy. Below you'll find the most important vocabulary terms you'll need to know about the foundation of American democracy. Checks and balances. Key parts of the Constitution that require each branch of the federal government to acquire the consent of the other two branches in order to act.
The concept outline for AP World History: Modern presents the course content organized by key concept rather than in sequential units. The coding that appears in the AP World History: Modern Course and Exam Description, Effective Fall 2019 corresponds to the organization of the course content found in this conceptual outline. 2019 College Board.
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MONOPOLIZE definition: 1. in business, to control something completely and to prevent other people having any effect on…. Learn more.
