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Government Monopoly or private monopoly which is best preferred.
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[QUOTE="CALVINDOL, post: 271353, member: 43757"] It is best for the government to own all business monopolies and companies monopolies in a particular economy because job employment and wants and needs will be equitably and sufficiently shared among individuals and citizens residing in a particular economy. And it will be better for the government to all all business monopolies and companies due to the fact that private Monopoly seems to be more toxic and more argumentative and sometimes they lord it over themselves to the extent that they did not feel the impact of successfully and sufficiently satisfying the needs and once of individuals patronizing the Monopoly. As a Nigerian, I totally understand the example or a scenario you gave above . And indeed it is a more explanative one. The PHCN company in Nigeria seems to provide job opportunities for every individual and the government in Nigeria are the only holders of electricity in the country and that gives a good example of a business Monopoly existing in Nigeria. If the private electricity company, things may turn out for the worst . [/QUOTE]
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Government Monopoly or private monopoly which is best preferred.
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