Capitalist Economy

In a capitalist economy there are both wanted and unwanted monopolies. However, in a capitalist economy certain monopolies are needed. Monopolies have a big impact on the economy and the consumers because of the amount of control that the monopolies have on the economy. There are certain times when it is best to have monopolies then others, it really depends on the status of the economy. There is no doubt that monopolies do indeed play …

…reliable alternative. In a capitalist economy it is a given that there will be monopolies playing critical roles as well as contributing to society. Depending on the type of monopoly and how it effects the consumers are the basic determining factors in whether or not the monopoly is wanted or unwanted. In conclusion, it is extremely important to have monopolies because of the simple fact that they are giant contributors, in terms of the economy.