#25. Monopolies and ...

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#25. Monopolies and Anti-Competitive Markets - Crash Course Economics

- In Rockefeller's words, "The growth of a large business is merely a survival of the fittest."

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#25. Monopolies and ...Version en ligne #25. Monopolies and Anti-Competitive Markets - Crash Course Economics - In Rockefeller's words, "The growth of a large business is merely a survival of the fittest." par Lola Nguyen 1 (adj) [usually before noun] (of an activity) in which people compete with each other in aggressive and unfair ways Written answer 2 (vt) to use violent methods to defeat people who are opposing you Written answer 3 (n) [usually singular] the exact opposite of something Written answer 4 (vt) (formal) to create or establish something Written answer 5 (n) something that blocks you so that movement, going forward, or action is prevented or made more difficult Written answer 6 (n) (plural) Rào cản nhập ngành Written answer 7 (n) Thị Trưởng Written answer 8 (n) chủ nghĩa tư bản thân hữu Written answer 9 (n) [U] the quality of something, such as a situation or an argument, that makes it easy to understand Written answer 10 (n) [U] (formal) the fact of being responsible for your decisions or actions and expected to explain them when you are asked Written answer 11 (vt) to have and use power, authority, etc. Written answer 12 (n) thị phần Written answer 13 (n) Luật Chống Độc Quyền Written answer 14 (vt) to make something illegal Written answer 15 (vt) (formal) to experience and deal with something that is painful or unpleasant, especially without complaining Written answer 16 (v) to combine or make two or more things combine to form a single thing Written answer 17 (n) (business) a company, piece of land, etc. bought by somebody, especially another company; the act of buying it Written answer 18 (n) [economics] the act of buying companies that produce similar products Written answer 19 (n) [economics] when a company directly owns or controls its supply chain. Written answer 20 (vt) to prevent somebody/something from entering a place or taking part in something Written answer 21 (phrasal verb) (informal) to make something end by disturbing or ruining it Written answer 22 (vi) to secretly plan with other people to do something illegal or harmful Written answer 23 (n) quyền dành riêng , độc quyền Written answer 24 (n) là giấy chứng nhận về sáng chế được pháp luật công nhận và cấp cho chủ sở hữu sáng chế. Written answer 25 (n) Hiến Pháp Written answer 26 (n) Quyền sở hữu trí tuệ Written answer 27 (v) If something that lasts for a fixed length of time ________, it comes to an end or stops being in use Written answer 28 (adj) giving the best possible profit or benefits in comparison with the money that is spent Written answer 29 (n) [U] used water and waste substances that are produced by human bodies, that are carried away from houses and factories through special pipes Written answer 30 (n) (plural) những ngành phục vụ công cộng Written answer 31 (n) [economics] lợi thế theo quy mô Written answer 32 (vt) to use power or knowledge unfairly or wrongly Written answer 33 (n) độc quyền không ép ngượng ép (tự nguyện) Written answer 34 (n) the practice of charging different consumers different prices for exactly the same product. Written answer 35 (v) vận chuyển hàng hóa Written answer 36 (phrasal verb) (informal) to succeed in doing something difficult Written answer 37 (n) vụ giải thể doanh nghiệp Written answer Feedback 1 - a cut-throat business/market/world/competition \|\| - a cut-throat price 2 - The army was sent in to crush the rebellion. 3 (ăn-tĭth′ĭ-sĭs) - He is the exact antithesis of what I find attractive in men. 4 (ĭ-rĕkt′) - to erect trade barriers 5 (ŏb′stə-kəl) - The biggest obstacle in our way was a tree trunk in the road. 6 (a) barrier to sth:a problem, rule or situation that prevents somebody from doing something, or that makes something impossible 7 (mā′ər) 8 (krō′nē) (kăp′ĭ-tl-ĭz′əm) 9 (trăns-pâr′ən-sē) - a need for greater transparency in legal documents 10 (ə-koun′tə-bəlĭ-tē) - accountability (of sb) (to sb) the accountability of a company’s directors to the shareholders 11 (wēld) - She wields enormous power within the party. 13 (ăn′tī) - They're called anti-trust laws because monopolies use to be called 'trusts.' 14 (Cấm) - The new law will outlaw smoking in public places. 15 (ĕn-do͝or′) - Words alone cannot convey the untold misery endured by people in these refugee camps. 16 (mûrj) - The banks are set to merge next year. 17 (ăk′wĭ-zĭsh′ən) - The group has announced its first overseas acquisition: a successful software company. 18 (hôrĭ-zŏn′tl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều ngang 19 (vûr′tĭ-kəl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều dọc 20 (ĭk-sklo͞od′) - She felt excluded by the other girls (= they did not let her join in what they were doing). 21 (bŭst) - It was his drinking that bust up his marriage. 22 (kən-spīr′) - As girls, the sisters used to conspire with each other against their brother. 23 (ĭk-sklo͞o′sĭv) - exclusive right to do sth 24 (păt′nt) 25 (kŏn′stĭ-to͞o′shən) 26 (ĭn′tl-ĕk′cho͞o-əl) 27 (ĭk-spīr′) - My passport expires next month. 29 (so͞o′ĭj) - Raw/untreated sewage is being pumped into the sea, from where it pollutes our beaches. 32 - She abused her position as principal by giving jobs to her friends. 33 (kō-ûr′sĭv) - Nike has about 90% market share in basketball shoes, but it's not a natural monopoly. It's a non-coercive monopoly. There are plenty of other shoe companies and people aren't forced to buy Nike shoes. 34 (dĭ-skrĭm′ə-nā′shən) - To pull off price discrimination, a business needs to be able to segregate the market based on consumers' willingness to pay. 35 - (hôl) (frāt) 36 - I never thought you'd pull it off. 37 - Up to the 1970s, AT&T was given natural monopoly status, which gave it nearly control of the telephone industry. In 19741, an anti-trust lawsuit was file by the Department of Justice, and the end result was the largest coporate breakup in American history

#25. Monopolies and ...Version en ligne

#25. Monopolies and Anti-Competitive Markets - Crash Course Economics - In Rockefeller's words, "The growth of a large business is merely a survival of the fittest."

(adj) [usually before noun] (of an activity) in which people compete with each other in aggressive and unfair ways

Written answer

(vt) to use violent methods to defeat people who are opposing you

Written answer

(n) [usually singular] the exact opposite of something

Written answer

(vt) (formal) to create or establish something

Written answer

(n) something that blocks you so that movement, going forward, or action is prevented or made more difficult

Written answer

(n) (plural) Rào cản nhập ngành

Written answer

(n) Thị Trưởng

Written answer

(n) chủ nghĩa tư bản thân hữu

Written answer

(n) [U] the quality of something, such as a situation or an argument, that makes it easy to understand

Written answer

(n) [U] (formal) the fact of being responsible for your decisions or actions and expected to explain them when you are asked

Written answer

(vt) to have and use power, authority, etc.

Written answer

(n) thị phần

Written answer

(n) Luật Chống Độc Quyền

Written answer

(vt) to make something illegal

Written answer

(vt) (formal) to experience and deal with something that is painful or unpleasant, especially without complaining

Written answer

(v) to combine or make two or more things combine to form a single thing

Written answer

(n) (business) a company, piece of land, etc. bought by somebody, especially another company; the act of buying it

Written answer

(n) [economics] the act of buying companies that produce similar products

Written answer

(n) [economics] when a company directly owns or controls its supply chain.

Written answer

(vt) to prevent somebody/something from entering a place or taking part in something

Written answer

(phrasal verb) (informal) to make something end by disturbing or ruining it

Written answer

(vi) to secretly plan with other people to do something illegal or harmful

Written answer

(n) quyền dành riêng , độc quyền

Written answer

(n) là giấy chứng nhận về sáng chế được pháp luật công nhận và cấp cho chủ sở hữu sáng chế.

Written answer

(n) Hiến Pháp

Written answer

(n) Quyền sở hữu trí tuệ

Written answer

(v) If something that lasts for a fixed length of time ________, it comes to an end or stops being in use

Written answer

(adj) giving the best possible profit or benefits in comparison with the money that is spent

Written answer

(n) [U] used water and waste substances that are produced by human bodies, that are carried away from houses and factories through special pipes

Written answer

(n) (plural) những ngành phục vụ công cộng

Written answer

(n) [economics] lợi thế theo quy mô

Written answer

(vt) to use power or knowledge unfairly or wrongly

Written answer

(n) độc quyền không ép ngượng ép (tự nguyện)

Written answer

(n) the practice of charging different consumers different prices for exactly the same product.

Written answer

(v) vận chuyển hàng hóa

Written answer

(phrasal verb) (informal) to succeed in doing something difficult

Written answer

(n) vụ giải thể doanh nghiệp

Written answer

Feedback

- a cut-throat business/market/world/competition || - a cut-throat price

- The army was sent in to crush the rebellion.

(ăn-tĭth′ĭ-sĭs) - He is the exact antithesis of what I find attractive in men.

(ĭ-rĕkt′) - to erect trade barriers

(ŏb′stə-kəl) - The biggest obstacle in our way was a tree trunk in the road.

(a) barrier to sth:a problem, rule or situation that prevents somebody from doing something, or that makes something impossible

(mā′ər)

(krō′nē) (kăp′ĭ-tl-ĭz′əm)

(trăns-pâr′ən-sē) - a need for greater transparency in legal documents

(ə-koun′tə-bəlĭ-tē) - accountability (of sb) (to sb) the accountability of a company’s directors to the shareholders

(wēld) - She wields enormous power within the party.

(ăn′tī) - They're called anti-trust laws because monopolies use to be called 'trusts.'

(Cấm) - The new law will outlaw smoking in public places.

(ĕn-do͝or′) - Words alone cannot convey the untold misery endured by people in these refugee camps.

(mûrj) - The banks are set to merge next year.

(ăk′wĭ-zĭsh′ən) - The group has announced its first overseas acquisition: a successful software company.

(hôrĭ-zŏn′tl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều ngang

(vûr′tĭ-kəl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều dọc

(ĭk-sklo͞od′) - She felt excluded by the other girls (= they did not let her join in what they were doing).

(bŭst) - It was his drinking that bust up his marriage.

(kən-spīr′) - As girls, the sisters used to conspire with each other against their brother.

(ĭk-sklo͞o′sĭv) - exclusive right to do sth

(păt′nt)

(kŏn′stĭ-to͞o′shən)

(ĭn′tl-ĕk′cho͞o-əl)

(ĭk-spīr′) - My passport expires next month.

(so͞o′ĭj) - Raw/untreated sewage is being pumped into the sea, from where it pollutes our beaches.

- She abused her position as principal by giving jobs to her friends.

(kō-ûr′sĭv) - Nike has about 90% market share in basketball shoes, but it's not a natural monopoly. It's a non-coercive monopoly. There are plenty of other shoe companies and people aren't forced to buy Nike shoes.

(dĭ-skrĭm′ə-nā′shən) - To pull off price discrimination, a business needs to be able to segregate the market based on consumers' willingness to pay.

- (hôl) (frāt)

- I never thought you'd pull it off.

- Up to the 1970s, AT&T was given natural monopoly status, which gave it nearly control of the telephone industry. In 19741, an anti-trust lawsuit was file by the Department of Justice, and the end result was the largest coporate breakup in American history

#25. Monopolies and ...

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