Amonopoly exists when one business controls the sales of a service or commodity. in a capitalistic (or free enterprice) economy, monopolies are regulated by laws in order to a. decrease the number of jobs available b. discourage price wars among businesses c. set prices at a given level e ch. year d. ensure that a certain amount of goods and services are produced each month e. promote competition and improve product quality

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the development of trade during the middle age increased to the change given in the agriculture, which gave money, industry and markets a bigger importance in economy. the agriculture production was more than the consumption, which meant the creation of wider markets out of the areas. besides, with the end of multiple wars, the population increased and new trade routes were created.