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    What is the concept outline for AP World History Modern?The concept outline for AP World History: Modern presents the course content organized by key concept rather than in sequential units. The coding that appears in the AP World History: Modern Course and Exam Description, Effective Fall 2019 corresponds to the organization of the course content found in this conceptual outline. 2019 College Board.
    apcentral.collegeboard.org
    What does monopoly mean?DEFINITION of 'Monopoly' A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior products. Adam smith
    Why do monopolies exist?In some cases, the market domination of a monopoly allows it to achieve large-scale undertakings that other market structures would not allow. Through most of human history, the formation of business monopolies, or even powerful monarchies, was precluded by the limitations of transportation and communication.
    Is monopoly a word from another era?( AP) If “monopoly” sounds like a word from another era, that’s because, until recently, it was. Throughout the middle of the 20th century, the term was frequently used in newspaper headlines, campaign speeches, and State of the Union addresses delivered by Republican and Democratic presidents alike.
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