👉 A monopolized system is a system where some or all of the resources, inputs, or outputs are controlled by one company. In this context, monopolization refers to the exclusive possession, control, or control over a specific resource or input in an industry. For example, consider a coffee shop that is owned and operated by one person or business. This situation can be seen as a monopolized system because it restricts access to resources such as ingredients, equipment, or skilled labor, which are essential
