What is it called when one person owns an entire industry?

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Danyolgiax asked Sep 10, 2023

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What is it called when one person owns an entire industry?

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Danyolgiax asked Sep 10, 2023

by Danyolgiax

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Answer:

It is called an monopoly

Step-by-step explanation:

monopoly- when one company controls an entire industry.

Umar answered Sep 11, 2023

by Umar

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14 votes

Answer:

it is called a monopoly when someone controls a product such as gas if someone controlled the whole industry that is a monopoly

Peter Zeller answered Sep 14, 2023

by Peter Zeller

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