Question

Competitive capitalism can easily become monopoly capitalism.
A True
B False

Answer 1

Monopoly capitalism can occur when a single supplier has exclusive control over a market, resulting in little or no competition.

Step-by-step explanation:

Monopoly capitalism can occur when a single supplier has exclusive control over a market, resulting in little or no competition. In a monopoly, the single supplier can manipulate prices and maximize their profits without the pressure of competitors. This is in contrast to competitive capitalism, where there are many tough competitors vying for the same customers. Therefore, the statement "Competitive capitalism can easily become monopoly capitalism" is True.