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Ch 23: Holt McDougal Economics Chapter 7.2: The Impact of Monopoly

About This Chapter

The Impact of Monopoly chapter of this Holt McDougal Economics - Concepts and Choices Companion Course helps students learn the essential lessons associated with monopolies and their effects. Each of these simple and fun video lessons is about five minutes long and is sequenced to align with The Impact of Monopoly textbook chapter.

How It Works:

  • Identify the lessons in the Holt McDougal The Impact of Monopoly chapter with which you need help.
  • Find the corresponding video lessons with this companion course chapter.
  • Watch fun videos that cover the monopoly topics you need to learn or review.
  • Complete the quizzes to test your understanding.
  • If you need additional help, rewatch the videos until you've mastered the material or submit a question for one of our instructors.

Chapter Topics

You'll learn all of the economics topics covered in the textbook chapter, including:

  • Definition of a monopoly
  • Major barriers to market entry
  • Natural monopolies
  • Key characteristics of a pure monopoly
  • Legal monopolies

Holt McDougal is a registered trademark of Houghton Mifflin Harcourt, which is not affiliated with Study.com.

5 Lessons in Chapter 23: Holt McDougal Economics Chapter 7.2: The Impact of Monopoly
Test your knowledge with a 30-question chapter practice test
What is a Monopoly in Economics? - Definition & Impact on Consumers

1. What is a Monopoly in Economics? - Definition & Impact on Consumers

In this lesson, you will learn about monopolistic markets and what a monopoly means for producers and consumers. After this lesson, you will understand why the name of one of our all-time favorite board games really makes perfect sense.

Barriers to Entry in Economics: Definition, Types & Examples

2. Barriers to Entry in Economics: Definition, Types & Examples

Economic barriers to entry are part of the reason some companies thrive and others fail. Learn what barriers to entry are and why they are so important to understand before entering a specific business or market. Read about some current-day examples.

Natural Monopoly in Economics: Definition & Examples

3. Natural Monopoly in Economics: Definition & Examples

Find out what a natural monopoly is and why they exist. Learn about some everyday services that you use that are provided by companies that are natural monopolies.

Legal Monopoly: Definition & Examples

4. Legal Monopoly: Definition & Examples

In this lesson, we will learn about legal monopolies. We will define the term, look at contributing factors, and apply the term to a real-life example. This will be followed by a summary and a quiz.

Pure Monopoly: Definition, Characteristics & Examples

5. Pure Monopoly: Definition, Characteristics & Examples

In this lesson, we'll be looking at a pure monopoly, which involves a sole provider dominating an entire market. After learning about this type of market structure, you can test your knowledge with a quiz.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the Holt McDougal Economics - Concepts and Choices: Online Textbook Help course

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