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Economics A Level (DONEEEEEEE)
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Pregunta:
Use the Development of Rail and Motorways in the UK to explain why Monopoly Power can change due to Creative Destruction
Autor: eric_galvaoRespuesta:
-The 19th Century in the UK saw Firms use Rail to Transport Freight rather than Canal. This Destroyed the Monopoly Power of the Canal Owners -The Development of Motorways and Lorries has Destroyed the Monopoly Power of Railway Owners in turn
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