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History of the board game Monopoly - Wikipedia The board game Monopoly has its origin in the early 20th century. The earliest known version of Monopoly, known as The Landlord's Game, was designed by an American, Elizabeth Magie, and first patented in 1904 but existed as early as 1902. Magie, a follower of Henry George, originally intended The Landlord's Game to illustrate the economic consequences of Ricardo's Law of Economic rent and the ... Natural Monopoly Economics Help A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it impractical to have more than one firm producing the good.. An example of a natural monopoly is tap water. Definition of Monopoly What is Monopoly ? Monopoly ... Monopoly definition - What is meant by the term Monopoly ? meaning of IPO, Definition of Monopoly on The Economic Times.
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