Competition and State monopoly

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Competition and State monopoly

Competition vs. State monopoly

Competition is, in general, a contest or rivalry between two or more entities, organisms, animals, individuals, economic groups or social groups, etc., for territory, a niche, for scarce resources, goods, for mates, for prestige, recognition, for awards, for group or social status, or for leadership and profit. In economics, a government monopoly (or public monopoly) is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law.

Similarities between Competition and State monopoly

Competition and State monopoly have 5 things in common (in Unionpedia): Economics, Government, Government-granted monopoly, Monopoly, Privatization.

Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Government

A government is the system or group of people governing an organized community, often a state.

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Government-granted monopoly

In economics, a government-granted monopoly (also called a "de jure monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.

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Monopoly

A monopoly (from Greek μόνος mónos and πωλεῖν pōleîn) exists when a specific person or enterprise is the only supplier of a particular commodity.

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Privatization

Privatization (also spelled privatisation) is the purchase of all outstanding shares of a publicly traded company by private investors, or the sale of a state-owned enterprise to private investors.

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The list above answers the following questions

What Competition and State monopoly have in common
What are the similarities between Competition and State monopoly

Competition and State monopoly Comparison

Competition has 228 relations, while State monopoly has 28. As they have in common 5, the Jaccard index is 1.95% = 5 / (228 + 28).

References

This article shows the relationship between Competition and State monopoly. To access each article from which the information was extracted, please visit:

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