Question

Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly and its impact on the market. Your response should be about three hundred words. Use primary and secondary sources, and cite them.

Answer 1

Monopoly : a condition in which only one person/company that control a specific sector of a market

Example
Past : Andrew Carnegie, that monopolized the steel industries
Now : Actually now has little example, but Youtube could be an example of a company that monopolised online streaming market (the competitors own very very little)

hope this helps