What is a Monopoly? | Economics Explained

Published: 11 March 2025
on channel: Federal Reserve Bank of St. Louis
52,683
845

This video introduces the concept of a monopolistic market, which is a market controlled by one firm. You’ll learn three different reasons for why this type of market exists and how this market structure differs from more competitive markets.

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00:00 - Introduction
01:18 - Reasons for Monopolies

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#economics #economy #monopoly


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