What is Monopoly? | Advantages & Disadvantages of Monopoly | How it Effects Our Economy?

Hello friends, this video is for those who want to clear their concept about MONOPOLY. By the end of this video you will be able to see businesses from your own perspective.
Casually speaking, monopoly is a market condition, where one company dominates the market for a particular product. No other company can compete with them in that specific field.
Here I discussed, What is Monopoly?
What are the advantages of monopoly?
What are the disadvantages of monopoly?
How it effects our economy?
#money #business #market #monopoly #economics #marketanalysis