HomeVocabularyEconomicsGrades 5–6 › Monopoly
Economics · Grades 5–6

Monopoly

noun

A market where one company controls all sales of a product.

Example Sentences

"A monopoly can charge high prices."

"Antitrust laws prevent monopolies."

Synonyms & Related Terms

single seller dominance

Quick Check

Which best describes the meaning of monopoly?

Study Tips

To remember monopoly, try writing it in a sentence of your own. Connect it to something you already know about economics.

Use it in conversation today — saying a word aloud three times helps lock it into long-term memory.

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